Authorities approve Palmer Luckey’s cryptocurrency-oriented banking venture Erebor

Palmer Lackey’s new digital banking venture, Erebor, which incorporates cryptocurrency, has received conditional regulatory approval to launch operations, as announced by federal officials on Wednesday. Lackey, a 32-year-old entrepreneur known for his work with the rapidly expanding defense firm Anduril, is a prominent supporter of Erebor. The startup aims to provide tech firms and entrepreneurs […]
Palmer Luckey from Anduril plans a digital bank startup called ‘Erebor’, according to sources.

Palmer Lucky Backs New Crypto-Friendly Banking Startup Palmer Lucky, the tech innovator behind Andrill, is now lending his support to a new banking startup that’s taking a fresh look at the financial landscape, particularly focusing on crypto solutions. At 32, Lucky aims to bolster up-and-coming financial firms that provide stability, especially for tech entrepreneurs seeking […]