
Who is Palmer Luckey? Trending for launching a crypto-friendly bank approved by US regulators
Published on: Oct. 17, 2025, 12:55 a.m. | Source: The Economic Times
Palmer Luckey's new venture, Erebor, a digital bank for crypto firms, has received conditional approval from US regulators. This marks a significant step for the Columbus, Ohio-based startup. Erebor aims to provide secure banking services for tech companies dealing with stablecoins and traditional finance. The company expects full approval soon, potentially benefiting from Luckey's network.