August 8, 2025

crypto company

Banking

The Executives Behind Palmer Luckey’s Tech-Focused Erebor Bank

Palmer Luckey, CEO of defense tech giant Anduril Industries, is quietly building a new digital banking venture — and we now know more about who will be helping him. The startup, Erebor, is raising $225 million at a $2 billion valuation, Business Insider reported in July. It has backing from Peter Thiel’s Founders Fund and

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Crypto

Ripple says securing Dubai crypto licence a ‘major milestone’

Ripple, an enterprise blockchain and crypto solutions provider, received approval from the Dubai Financial Services Authority (DFSA) to provide regulated crypto payments and services in the Dubai International Financial Centre (DIFC). Ripple will be the first blockchain-enabled payments provider licenced by DFSA, according to a statement by the Dubai government published Thursday. “Securing this DFSA

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