Crypto-friendly bank Erebor seeks financing, valuation at least $8 billion
Source：
www.bloomberg.com
Event types：
Online/Update
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Regulation/Compliance
、
Financing/Fundraising
According to Bloomberg, Erebor Bank, a crypto-friendly bank backed by Peter Thiel, is negotiating a new round of financing with potential investors at a valuation of at least $8 billion, nearly double its valuation of $4.35 billion at the end of 2025. The report stated that just five months after obtaining its banking license, the bank's deposits have nearly quadrupled in the past three months.
