🏦 Peter Thiel among Tech Titans Backing “Erebor” to Rival Silicon Valley Bank
A consortium of high-profile tech entrepreneurs—including Peter Thiel’s Founders Fund, Palmer Luckey, and Joe Lonsdale—is launching Erebor, a digital-first U.S. bank aimed at filling the void left by the collapse of Silicon Valley Bank in March 2023. 🧭 Strategic Vision & Scope 🪙 Crypto & Stablecoin-Centric Model 🎯 Market Opportunity 💼 Significance of Backers 🧱 Why Erebor Matters 🔍 Risks…