Author: Grace Gilson

The group also includes Peter Thiel’s Founders Fund and Palantir co-founder Joe Lonsdale, a major donor to U.S. President Donald Trump’s 2024 campaign, the report said. The proposed lender, called Erebor, has applied for a national bank charter and plans to serve technology businesses in areas such as artificial intelligence, crypto, defense and manufacturing, as well as individuals who work at or invest in them, according to its charter application. The application for Erebor, to be headquartered in Columbus, Ohio, outlines a digital-only model, with a secondary office in New York.Read More

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