Crypto Neobank Erebor Targets $350M Fundraise, Backed by Tech Titans 🚀

Crypto neobank Erebor is currently in a funding round, aiming to raise $350 million. This significant round is led by Lux Capital, signaling strong investor confidence in the company.

The neobank has achieved a valuation of $4.35 billion, reflecting its substantial growth and market position. Notable investors include PayPal co-founder Peter Thiel and VR entrepreneur Palmer Luckey among its backers. 💰

Erebor's expansion highlights a clear and growing institutional interest in crypto-focused banking solutions. This trend suggests a maturing landscape for integrated digital asset financial services. 🏦