Erebor Seeking $1.5 Billion in Financing with a Valuation of $9.5 Billion
2026-08-11 22:40:45
According to CoinMeta, and as reported by the Financial Times, the crypto-friendly bank Erebor is seeking to raise $1.5 billion with a valuation of $9.5 billion. The bank's deposit base has grown from $1.1 billion in March to $4.6 billion in July, with the increase mainly driven by customers in the fields of cryptocurrencies, artificial intelligence, and defense.
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