Dossier
Erebor Bank
Coverage of Erebor Bank in the Nexus archive.
- 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 seeking a $8 billion valuation as deposits nearly quadruple. The bank is in talks to raise funding at this valuation, according to Bloomberg.
- B2B stablecoin tech provider Infinite rolls out banking services powered by Thiel-backed Erebor Bank
Infinite, a B2B stablecoin tech provider, has launched banking services powered by Erebor Bank, which is backed by venture capitalist Peter Thiel. The new accounts support traditional and crypto services including ACH, wire, and stablecoin transfers.