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Erebor Seeks $1.5 Billion Raise Amid Crypto Market Growth

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Crypto-friendly bank Erebor is reportedly in talks to raise $1.5 billion at a valuation of $9.5 billion, according to the Financial Times.

The news comes as the cryptocurrency market continues to experience growth and increasing adoption by traditional financial institutions.

Erebor's plans to raise capital would mark a significant milestone for the bank, which has been building its crypto-friendly offerings in recent years.

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