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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)$88,546.00-0.50%
  • ethereumEthereum(ETH)$3,018.98-0.52%
  • tetherTether(USDT)$1.00-0.03%
  • binancecoinBNB(BNB)$857.48-0.60%
  • rippleXRP(XRP)$1.90-1.44%
  • usd-coinUSDC(USDC)$1.000.02%
  • solanaSolana(SOL)$126.38-0.37%
  • tronTRON(TRX)$0.283628-1.60%
  • staked-etherLido Staked Ether(STETH)$3,018.83-0.44%
  • dogecoinDogecoin(DOGE)$0.1329420.57%