Crypto-friendly bank Erebor in talks to raise $1.5 billion at $9.5 billion valuation: FTTotal deposits grew from $1.1 billion in March to $4.6 billion by July, driven by clients in crypto, AI and defense. - Erebor Bank is negotiating a $1.5 billion funding round for a total valuation of…This story appeared on coindesk.com , 2026-08-11 14:39:12.