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Peter Thiel, Tech Billionaires to Form Bank for Crypto, AI Startups
decrypt.co/328292/silicon-valley-billionaires-form-svb-like-bank-crypto-ai-startups-ft
In brief
- PayPal co-founder Peter Thiel and other tech billionaires are banding together to fill a void left by crypto-linked Silicon Valley Bank.
- The proposed bank, Erebor, will serve firms that focus on AI, crypto, manufacturing, and defense technology.
- Erebor has filed for a…
This story appeared on decrypt.co, 2025-07-03 19:46:57.427000.