Published Jul 2, 2026, 8:12 AM ET · Updated 4 months ago · 2 sources
THE BLOCK: Palmer Luckey's crypto-friendly Erebor Bank is in talks to raise funding at a valuation of at least $8 billion, according to Bloomberg. The bank's deposits have reportedly grown to about $4.05 billion from $1.1 billion at the end of March.
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THE BLOCK: Palmer Luckey's crypto-friendly Erebor Bank is in talks to raise funding at a valuation of at least $8 billion, according to Bloomberg. The bank's deposits have reportedly grown to about $4.05 billion from $1.1 billion at the end of March.