Source: New York Post
Palmer Luckey — whose fast-growing defense firm Anduril is set on revolutionizing modern warfare – is now backing an ambitious, crypto-friendly banking startup that aims to rethink the world of finance, The Post has learned. The 32-year-old tech mogul is backing a fledgling financial firm that aims to provide stability for Silicon Valley — and which is focused mainly on helping tech entrepreneurs build their businesses versus maximizing returns on deposits, insiders said. The startup is tentatively being called “Erebor” – a reference the mountain where the dragon Smaug stores his hoard of gold in J.
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