$WLD
🚨 $350 million investment! Top capital Erebor is reshaping the landscape of "crypto banks" 👉小🌹奶🌹狗 p u p p i e s 聊天 room.
The infrastructure for crypto finance has reached a milestone event. The digital bank Erebor, supported by tech giants like Peter Thiel and Palmer Luckey, has officially announced the completion of a $350 million financing round, with a post-money valuation of up to $4.35 billion.
💡 Why is this financing worth close attention?
• Compliance breakthrough: Erebor has recently obtained deposit insurance approval from the Federal Deposit Insurance Corporation (FDIC) and received preliminary bank charter approval from the Office of the Comptroller of the Currency (OCC). This means it is becoming a bridge connecting traditional finance with digital assets as a legitimate player.
• Filling market gaps: The bank is positioned to serve innovative companies in the fields of crypto, AI, and defense technology, aiming to fill the financial infrastructure vacuum left by the collapse of Silicon Valley Bank (SVB).
• Yield-bearing assetization: Erebor plans to accept cryptocurrencies as collateral for loans and utilize stablecoins to optimize cross-border settlements, providing a more robust entry point for institutional funds into Web3.
Top capital's "hardcore bets" often signal a turning point in industry cycles. As infrastructure becomes more complete, the ceiling for liquidity will also be further raised.
👇 Do you think that crypto banks under federal regulation will be the key piece to unlock the next round of a compliance bull market?