Erebor is a U.S. nationally chartered, FDIC-insured bank built to serve the innovation economy, with a focus on digital-asset businesses, stablecoin operations, and technology-driven industries. Erebor's Twitter Score is 105 out of 1000 (an Excellent rating) as of August 2026, ranking #6,708 (top 5%) among 483,944 tracked accounts.
Erebor was co-founded by Palmer Luckey, Owen Rapaport, Jacob E. Hirshman, Trevor Capozza, and Aaron Pelz. The OCC conditionally approved its de novo national-bank charter application on October 15, 2025, and the FDIC approved its deposit-insurance application on December 16, 2025. Its stated business model spans technology, payment systems, investment, and defense industries, including virtual-currency market participants.
Erebor's regulatory filings describe a bank that will offer traditional banking services alongside virtual-currency-related products, targeting companies focused on virtual currencies, artificial intelligence, defense, and manufacturing. The bank intends to hold certain virtual currencies on its balance sheet to support stablecoin and wrapped-stablecoin services and to pay blockchain transaction fees across supported Layer-1 and Layer-2 networks. Erebor has stated its goal is to become the most regulated entity conducting and facilitating stablecoin transactions, bringing that activity within the regulatory perimeter.
Erebor raised $350 million at a $4.35 billion post-money valuation in a round led by Lux Capital, per Axios. Additional backers include Founders Fund, 8VC, Haun Ventures, and Joe Lonsdale. Haun Ventures noted that Diogo Mónica joined Erebor's board of directors. An expected subsidiary, Atticus Digital, Inc., is also part of the corporate structure. Erebor has published 1 posts and has been mentioned by 51 accounts a total of 67 times, reflecting early attention from the crypto and fintech community.
Erebor's portfolio includes PARTYBET.
Who follows Erebor on X?
The accounts that follow Erebor include 481 founders, 139 angel investors, 128 influencers and 9 VCs. Among its notable followers are Erik Voorhees, Fred Ehrsam, Raoul Pal, David Hoffman, Jesse Powell and Santiago R Santos.