Erebor is a digital bank co-founded by Palmer Luckey with financial backing from Peter Thiel's Founders Fund and 8VC. The bank targets technology businesses and cryptocurrency firms, holding stablecoins on its balance sheet. Reflecting its founders' fandom for The Lord of the Rings, Erebor takes its name from a key location in the series, known for its rich history and connection to treasure and conflict. Previous ventures by Luckey and Thiel have similarly drawn inspiration from the literary universe, signaling their ongoing engagement with its themes.
Erebor is a new digital bank launched by Palmer Luckey with backing from Peter Thiel's Founders Fund, focusing on serving startups and cryptocurrency firms.
Named after the Lonely Mountain from The Lord of the Rings, Erebor reflects both Luckey's and Thiel's admiration for the fantasy series, with previous ventures paying homage.
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