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Palmer Luckey’s Erebor hits $4.3B valuation as regulators advance bank charter

December 22, 2025 by DIGIT
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Palmer Luckey’s Erebor hits $4.3B valuation as regulators advance bank charter

Luckey-backed Erebor raised $350 million at a $4.35 billion valuation as OCC and FDIC approvals signal momentum for crypto- and AI-focused banking.

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  • bitcoinBitcoin(BTC)$64,971.00-8.75%
  • ethereumEthereum(ETH)$1,886.71-10.53%
  • tetherTether(USDT)$1.000.08%
  • binancecoinBNB(BNB)$621.09-10.34%
  • rippleXRP(XRP)$1.30-9.39%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$79.47-12.90%
  • tronTRON(TRX)$0.268786-3.99%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.032.91%
  • dogecoinDogecoin(DOGE)$0.090742-10.23%