July 27, 2025

Peter Thiel

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Banking

Anduril CEO Palmer Luckey’s new digital banking startup set to be valued at $2 billion, sources say

  • July 3, 2025

Palmer Luckey, founder of Oculus, Anduril Industries, and Erebor speaks during The Wall Street Journal’s WSJ Tech Live conference in Laguna Beach, California on October 16, 2023.Getty Images/Patrick T. Fallon Anduril CEO Palmer Luckey founded Erebor, a digital bank for startups and cryptocurrency companies. Erebor is raising at least $225 million at a $2 billion

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Crypto

Peter Thiel and Billionaire Consortium To Launch New Bank Serving Cryptocurrency Startups: Report

  • July 2, 2025

PayPal co-founder Peter Thiel and a handful of other tech billionaires are reportedly launching a new bank partially dedicated to serving crypto startups. According to a new report from Financial Times, Thiel and other investors – such as the CEO of military contracting company Anduril – to create a bank called Erebor, which references to

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