SBI puts $100 million into Erebor, the Palmer Luckey-backed US digital bank
SBI Holdings will invest $100 million in Erebor Bank, the Ohio-based digital lender co-founded by Anduril’s Palmer Luckey. The deal gives SBI Holdings exposure to U.S. banking and round-the-clock blockchain settlement. Why is SBI Holdings investing in Erebor Bank? SBI Holdings confirmed that it will invest $100…
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