Crypto-focused Erebor wins first new US bank charter of Trump’s second term: WSJ

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Erebor, a crypto-focused company, has been granted the first new US bank charter of Trump's second term, following a $350 million funding round that doubled its valuation to $4 billion.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Erebor doubled its valuation to $4 billion after a $350 million Lux Capital-led funding round late last year.

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Original article published by CoinTelegraph on February 7, 2026.
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