Peter Thiel-backed crypto-friendly Erebor Bank eyes $8 billion valuation as deposits nearly quadruple: Bloomberg

By Naga Avan-Nomayo

Peter Thiel-backed crypto-friendly Erebor Bank eyes $8 billion valuation as deposits nearly quadruple: Bloomberg

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.

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