Peter Thiel-Backed Bank Erebor Raises $350M At $4.35B Valuation
Peter Thiel-backed bank Erebor raises $350 million at a $4.35 billion valuation, moving closer to regulatory approval and expanding its digital banking services.
currency valuation
Tether Considers Tokenizing Stock Amid $20 Billion Fundraise: Bloomberg
Tether is reportedly considering tokenizing its equity amid a $20 billion fundraise, seeking a $500 billion valuation. The stablecoin issuer has taken steps to prevent equity sales, potentially signaling a strategic shift in its business model.
Goldman says yuan trades 25% below fair value, sees stronger gains by 2026
Goldman Sachs highlights yuan’s 25% undervaluation, predicting stronger gains by 2026, impacting global markets.