Peter Thiel Backs Erebor Bank to Fill Post-SVB Gap with Crypto Focus

Erebor Bank, a new venture founded by Palmer Luckey with significant backing from tech heavyweights Peter Thiel and Joe Lonsdale, is stepping in to fill the gap left by Silicon Valley Bank’s (SVB) dramatic closure in 2023. The ambitious project has officially applied for a national bank license, signaling its intent to directly serve startups […]