Report: Erebor Secures $350M as Investors Bet on Regulated Crypto Banking

Digital bank Erebor Bank has quietly raised $350 million at a multibillion-dollar valuation, signaling renewed investor appetite for regulated institutions willing to bank crypto, artificial intelligence (AI), and defense-sector firms, according to reporting from Axios citing multiple sources. Erebor Raises $350M as It Prepares to Launch Digital-First Bank Erebors latest financing reportedly values the digital-first []