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Crypto-friendly bank Erebor in talks for $1.5 billion fundraise at $9.5 billion valuation: FT
Total deposits grew from $1.1 billion in March to $4.6 billion by July, driven by clients in crypto, AI, and defense.
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cryptobriefing.com
Erebor plans to raise $1.5B to support tech startups at an $8B+ valuation
Erebor Bank, backed by Palmer Luckey and Peter Thiel's Founders Fund, is raising $1.5B at an $8B+ valuation to serve AI, defense, and crypto
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benzinga.com
Palmer Luckey-Backed Erebor Raises Stakes in Race to Become Tech’s Next Big Bank
Erebor is in late-stage discussions to secure about $1.5 billion in fresh capital at an $8 billion pre-money valuation.
