July 4, 2025

Silicon Valley Bank

Banking

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

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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Investors

How High-Net-Worth Investors Are Rethinking Liquidity in 2025

From Treasuries to Bitcoin, the pursuit of safety is reshaping how investors allocate and exit their capital. Unsplash+ In times of stress, wealth always chases after safety, but in 2025, the definition of “safe” has become much murkier. The investment landscape for high-net-worth (HNW) investors is undergoing a significant transformation, and the definition of safe

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