Tech Billionaires Back Erebor, New Digital Bank for Start-Ups Post-SVB Collapse

Catenaa, Friday, July 11, 2025-Erebor, a new US national bank backed by Peter Thiel and other Silicon Valley heavyweights, aims to fill the financing void left by Silicon Valley Bank’s 2023 collapse. However, some analysts say that crypto and banking would make a dangerous mix and hence urge authorities to review the decisions. The digital-only bank, […] source: https://investors.catenaa.com/news/tech-billionaires-back-erebor-new-digital-bank-for-start-ups-post-svb-collapse