Palmer Luckey is backing a crypto banking startup. 

How big of a need is there for this?

Is this significant?

https://nypost.com/2025/06/13/business/andurils-palmer-luckey-plots-erebor-digital-bank-startup-sources/

imo there is a legitimate need given the history of silvergate and the biden admin. just takes president AOC for this to all happen again in a few years.

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imo there is a legitimate need given the history of silvergate and the biden admin. just takes president AOC for this to all happen again in a few years.

https://www.piratewires.com/p/inside-biden-admin-plot-to-destroy-silvergate-and-debank-crypto-for-good-nic-carter

Yes, lack of banking was one of the biggest threats to the industry, especially under Biden

Perhaps a response to Silicon Valley Bank. More boutique liquidity for founders without the SVB wine cellar.

Mmmm. I wouldn't say this market is mature but he's not early.

yeah, this is definitely worth considering for the gundo & any community-building that happens along the way.