Erebor Bank

Erebor — OCC-chartered digital-first U.S. national bank for AI, crypto and defense companies (stablecoin integration, crypto-collateralized lending). Founded by Palmer Luckey and Joe Lonsdale. ~$350M raised at ~$4.35B valuation; round led by Lux Capital with Founders Fund, 8VC, Andreessen Horowitz and Haun Ventures.