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SBI Plans $100 Million Investment in US Digital Bank Erebor

SBI Plans $100 Million Investment in US Digital Bank Erebor
AI summary

Japanese financial group SBI plans to invest $100 million in Erebor, a US digital bank. Erebor held more than $7 billion in deposits in September and supports blockchain settlement outside banking hours. The deal signals continued institutional capital flowing into crypto-adjacent banking infrastructure, which traders may read as strengthening the sector's legitimacy.

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