InstitutionalBearish
Peter Thiel-backed crypto-friendly Erebor Bank eyes $8 billion valuation as deposits nearly quadruple: Bloomberg
Source: The Block
Erebor Bank, backed by Palmer Luckey and Peter Thiel, is in talks to raise funding at a valuation of at least $8 billion, per Bloomberg.
CoinMagnetic Team
Crypto investors since 2017. We trade with our own money and test every exchange ourselves.
Updated: July 2026
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