According to CoinMeta, Wu said that on November 2nd, SBI Holdings announced that it would invest $100 million in the digital bank Erebor Bank through its US subsidiary. Erebor was founded in 2025 by co-founders Anduril Industries, Palmer Luckey, and others. It has obtained a banking license from the US Federal Reserve (OCC), and its deposits are protected by the Federal Deposit Insurance Corporation of America (FDIC). The bank primarily serves enterprises in the fields of defense, artificial intelligence, energy, robotics, and advanced manufacturing, providing corporate financing, asset-backed loans, equipment financing, and banking services for investment funds. Its self-developed core banking system supports 24/7 settlement based on blockchain and the deposit and withdrawal of stablecoins. As of September 2026, Erebor's deposit balance had exceeded $7 billion. SBI stated that this investment is aimed at strengthening its business foundation in the United States and exploring further possibilities for cooperation between the two parties.