🫰 Thiel & Luckey Launch Erebor: A Digital Bank for Crypto and Tech
PayPal co-founder Peter Thiel and Anduril’s Palmer Luckey are teaming up to launch Erebor, a digital bank aimed at serving crypto and tech startups.
The name is a nod to the Lonely Mountain in The Hobbit — once a fortress of wealth for dwarves, until it was lost to greed and ruin.
🏦 Let’s hope this modern Erebor learns from the tale… and ends on a brighter note.