🫰PayPal co-founder Peter Thiel and Anduril founder Palmer Luckey are launching Erebor, (https://x.com/CoinDesk/status/1940418689389744352) a digital bank for crypto and tech startups. The name nods to the Lonely Mountain from The Hobbit, where dwarves kept their treasure… until greed ruined everything.

Let’s hope this time ends better.

NEW: 🔥 PayPal co-founder Peter Thiel and Anduril founder Palmer Luckey are launching Erebor, a digital bank built for crypto and tech startups. https://t.co/QcoekW3LNA