In Washington, the Fundrise Innovation Fund (VCX) has revealed their latest investment in Erebor Bank, a recently established national bank that specifically caters to the technology sector. Erebor Bank, founded by Palmer Luckey, known for his involvement in Oculus VR and Anduril Industries, is focused on providing services to startups, tech firms, and their stakeholders. The bank's purpose is to address a void in the market resulting from the closure of Silicon Valley Bank in 2023. This move marks a significant commitment to supporting the tech industry in a time where funding and resources are paramount.