Odaily Planet Daily News: Stackup, a crypto platform founded by former SpaceX mission manager John Rising, has completed a $4.2 million seed round of financing, led by 1kx, with participation from three other companies including Y Combinator and Digital Currency Group. The platform provides enterprises with a "centralized control of decentralized assets" solution through account abstraction technology, supporting functions such as spending limits and batch transaction audits.
Rising emphasized the importance of system security design with his experience in aerospace engineering, pointing out that the current crypto field is overly focused on security protection and neglects operational security. The Stackup team currently consists of 4 people, and its technology has previously been used in wallet development for Coinbase and Trust Wallet. (Decrypt)