In crypto, everyone wants to decentralize the future, until it’s time to send payroll, reconcile the treasury, or explain to the CFO why $600K just got stuck bridging to Arbitrum. The Web3 dream has always sounded slick on a slide deck, but running ops across seven chains with six wallets and a cold storage key that lives in Chad’s sock drawer? That’s not a system, that’s a liability disguised as innovation.
Stackup isn’t here to sell you a vibe, they’re here to fix what’s broken.
Stackup just raised $4.2M in seed funding to rewire how crypto businesses manage their money, without giving up control. Led by the sharp minds at 1kx and backed by heavy hitters like Y Combinator, Goodwater Capital, Soma Capital, Amino Capital, and Digital Currency Group, this Culver City crew isn’t just making noise, they’re building infrastructure the space actually needs.
Co-founder and CEO John Rising, yes, that John Rising from Relativity Space and SpaceX, took his aerospace discipline and applied it to crypto ops. Because when your last job involved rockets, wallet fragmentation doesn’t exactly feel like an unsolvable problem. And alongside him is co-founder and CTO Hazim Jumali, an Ethereum Foundation grantee who helped shape EIP-4337 from the ground up. He’s not just talking account abstraction, he helped build the playbook.
Stackup is smart contract wallet infrastructure wrapped in enterprise-grade sensibility. Role-based access control, non-custodial ACH transfers, on-chain invoicing, payment automation, and security hardened with phishing resistant passkeys and AWS Nitro Enclaves. No bridges, no hardware wallets, no manual workflows. Just a single platform where CFOs don’t have to panic, and engineers don’t have to babysit private keys.
Companies like Spearbit are already using Stackup to run secure, automated multichain ops without touching Safe. Coinbase and TrustWallet have tapped the team to help build core wallet infrastructure. And they’re just getting started. With this funding, the four-person crew is scaling up, lean, smart, and already operating like a team 10x its size.
Crypto businesses don’t need more dashboards. They need control. They need accountability. They need Stackup, a system that doesn’t just centralize oversight, it decentralizes stress.
