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**Palantir Chief to Invest in Palmer Lucky’s Crypto-Focused Bank**
In a recent announcement, Joe Lonsdale, the chief of Palantir Technologies, has invested in Erebor, a new crypto-focused bank founded by Anduril’s Palmer Luckey. The bank aims to serve startups that are focused on AI, crypto, and defense sectors.
Lonsdale confirmed his investment in Erebor, stating he is a “proud investor” in the project. This significant development indicates growing institutional interest in bridging traditional finance with crypto infrastructure.
Source: www.coinspeaker.com
