Crypto Platform Stackup, Founded by Former SpaceX Executive, Raises $4.2 Million in Seed Funding

According to Decrypt, crypto startup Stackup, founded by former SpaceX Senior Mission Manager John Rising, has announced the completion of a $4.2 million seed funding round. Investors include 1kx, Y Combinator, and Digital Currency Group, among others. Stackup is dedicated to providing an on-chain operations platform for enterprises to "centrally manage decentralized assets," with its core functionality based on Account Abstraction technology.