Thiel and Luckey-Backed Crypto Bank Erebor Eyes $8B+ Valuation in New Funding Round.

The crypto-friendly bank Erebor, backed by individuals close to Peter Thiel and Palmer Luckey, is discussing a new funding round at a valuation exceeding $8 billion.

The core idea is simple: to create a bank tailored for crypto companies and those startups that traditional banks often avoid.

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