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Crypto-friendly bank Erebor in talks to raise $1.5 billion at $9.5 billion valuation: FT

CoinDesk·August 11, 2026·1 min read
Crypto-friendly bank Erebor in talks to raise $1.5 billion at $9.5 billion valuation: FT

Crypto-friendly bank Erebor is in talks to raise $1.5 billion at a $9.5 billion valuation, according to the FT. Total deposits grew from $1.1 billion in March to $4.6 billion by July, driven by clients in crypto, AI and defense sectors.

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