【Bank startup Erebor raises $350 million after receiving FDIC approval】According to Jinse Finance, the bank startup Erebor, co-founded by Anduril CEO Palmer Luckey, has completed a $350 million financing after receiving approval from the Federal Deposit Insurance Corporation (FDIC) to establish a national bank, with an estimated valuation of approximately $4.35 billion. This round of financing was led by Lux Capital, with other investors including Peter Thiel's Founders Fund, 8VC, and Haun Ventures. Erebor was founded in 2025 and plans to offer traditional banking and crypto-related products and services, targeting clients in the fields of virtual currency, artificial intelligence, and manufacturing within the U.S. innovation economy. The bank is expected to officially launch next year.

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