Atticus, a stablecoin startup co-founded by Owen Rapaport and Jacob Hirschman, is making waves in the crypto world. It targets a valuation between $1.5 billion and $2 billion in its latest financing round. Led by Palmer Luckey, co-founder of Anduril, with participation from Haun Ventures, this funding positions Atticus as a key player in the rapidly growing stablecoin sector. The move underscores rising institutional interest in regulatory-compliant stablecoin infrastructures. This signals Atticus’s potential to become the first stablecoin unicorn of 2025.
Atticus Targets $2 Billion Valuation Milestone
The financing round, spearheaded by Palmer Luckey, highlights significant institutional confidence in Atticus’s vision. If completed, the startup could achieve a valuation of up to $2 billion. This would solidify its position as a leader in the stablecoin market.
“Leading the latest financing round for Atticus reinforces our commitment to developing compliant and innovative stablecoin solutions.”
— Palmer Luckey, Co-founder and CEO, Anduril
Other notable participants in the round include Haun Ventures. This further underscores the growing appetite for stablecoin projects that prioritize regulatory compliance and scalability. This development aligns with the broader trend of mainstream investment flowing into blockchain-based financial solutions.
Stablecoins Gain Momentum: Ethereum Sees $1 Trillion in Trading Volume
The stablecoin sector has been gaining significant traction, with Ethereum-based stablecoins surging in trading volumes over recent months. As of May 2025, stablecoins have dominated Ethereum trading, generating an impressive $1.35 trillion in trading volumes. This milestone reflects the dual appeal of stablecoins—offering stability while leveraging the seamless integration of blockchain technology.
According to CoinMarketCap, Ethereum (ETH) is currently priced at $2,504.11, with a market cap of $304.48 billion and a daily trading volume of $12.03 billion. While daily activity has seen a 0,05% decline, the past month’s trading figures indicate a 36.15% increase. This signals renewed market enthusiasm for Ethereum-based assets.
Atticus’s Path to Becoming the First Stablecoin Unicorn
Atticus’s ambitious valuation target reflects its strategic focus on building a regulatory-compliant stablecoin infrastructure. As traditional financial institutions increasingly explore blockchain solutions, Atticus is well-positioned to capitalize on this demand. Its emphasis on compliance and innovation resonates with both investors and regulators, setting it apart in a competitive market.
The startup’s potential to become the first stablecoin unicorn of 2025 is bolstered by the growing adoption of stablecoins in decentralized finance (DeFi) and cross-border payments. With Ethereum stablecoin volumes reaching new heights, Atticus’s timing aligns perfectly with the sector’s upward trajectory.
Final Thoughts
Atticus’s push toward a $2 billion valuation marks a pivotal moment for the stablecoin industry. Backed by prominent investors like Palmer Luckey and Haun Ventures, the startup is poised to lead the charge in regulatory-compliant stablecoin solutions.
As stablecoins continue to dominate Ethereum trading with $1 trillion in volumes, the sector’s growth shows no signs of slowing. Therefore, Atticus’s success could pave the way for broader adoption of stablecoins, bridging the gap between traditional finance and blockchain innovation.
With its ambitious goals and strong institutional backing, Atticus is shaping up to be a transformative force in the stablecoin ecosystem.
