Deep Tide TechFlow news, July 02 – According to Bloomberg, Peter Thiel-backed crypto-friendly bank Erebor Bank is in talks with potential investors for a new funding round at a valuation of at least $8 billion, nearly double its $4.35 billion valuation at the end of 2025. The report said that the bank’s deposits have nearly quadrupled over the past three months, just five months after obtaining its banking license.

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