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Palmer Luckey-Backed Erebor Receives US National Banking . . . The approval allows the Palmer Luckey-backed entity to operate as a bank nationwide, and occurred less than eight months after it applied for a charter with the Office of the Comptroller of the
From Oculus to Erebor: How Palmer Luckey Built a $635 Million . . . Palmer Luckey's Erebor becomes the first newly chartered national bank under Trump's second administration, launching with $635 million in capital to serve the defense-tech sector, signaling a dramatic shift in regulatory openness to new bank formation
US approves new bank backed by billionaires with ties to . . . The bank, Erebor, was founded this year by Palmer Luckey, co-founder of military contractor Anduril, and Joe Lonsdale, head of venture capital firm 8VC and a co-founder of data analytics firm