Crypto-focused Erebor wins first new US bank charter of Trump’s second term: WSJ
Erebor doubled its valuation to $4 billion after a $350 million Lux Capital-led funding round late last year.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Erebor doubled its valuation to $4 billion after a $350 million Lux Capital-led funding round late last year.
Why this matters
This maps to the Institutional Adoption hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.
Original source
Read on CointelegraphRelated market context
Russia's Biggest Bank Sberbank Wins Approval to Trade Bitcoin
Sberbank now holds both custody and exchange status under Russia's new crypto law, and plans to bring Bitcoin, Ethereum and USDT t...
Kraken Parent Company Payward to Buy Saldo Bank in European Banking Push
Bitcoin Magazine Kraken Parent Company Payward to Buy Saldo Bank in European Banking Push Payward, the parent company of crypto ex...
Bitcoin ETF Records $260 Million Outflows, Led by Fidelity and BlackRock
US spot Bitcoin ETFs recorded $261.4 million in net outflows on October 14, led by Fidelity’s FBTC with $152.7 million withdrawn a...
Kraken moves to acquire $181 million European bank in major push beyond crypto trading
Kraken's parent company, Payward, has agreed to acquire a European bank as it expands beyond cryptocurrency trading into tradition...
Payward Signs Deal for Saldo Bank, Giving Kraken’s Owner a Foothold in EU Banking
Payward, the parent company of crypto exchange Kraken, has signed a definitive agreement to buy Saldo Bank, a digital lender licen...
EU Banking Regulator Takes Over Key Oversight of Circle’s USDC Stablecoin
The European Banking Authority (EBA) classified Circle's USDC as a significant e-money token under the Markets in Crypto-Assets Re...