Home / General / Peter Thiel’s Erebor Approved as Silicon Valley Bank Rival Emerges

Peter Thiel’s Erebor Approved as Silicon Valley Bank Rival Emerges

Peter Thiel-backed Erebor secures US bank charter, aiming to fill the gap left by Silicon Valley Bank in serving crypto and tech startups.

Erebor, a financial services company backed by billionaire Peter Thiel, has received regulatory approval to launch in the United States — a move that could help fill the gap left by the collapse of Silicon Valley Bank in 2023.
According to a report b… [2889 chars]

Source: Cointelegraph | Published: 2025-10-15T16:35:36Z

Credit: Cointelegraph

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