PayPal’s Peter Thiel Backs New Crypto Bank, Drives Interest in the Best Crypto to Buy Now

Summary: A group of tech heavyweights have joined PayPal’s co-founder Peter Thiel in building Erebor – a new federally chartered bank designed to serve crypto, AI, and defense startups. While many traditional banks remain wary of crypto, Erebor’s formation signals growing institutional confidence in digital assets.
By Leah Waters on 2025-07-03 15:13. Aggregated by Coinblockers.