SBI Holdings to invest $100 million in Robinhood-backed Erebor Bank
Photo: Crypto Briefing
The Japanese financial giant is betting on a chartered US bank that settles payments around the clock on blockchain rails Japan’s SBI Holdings plans to invest $100 million in Erebor Bank, N.A., a US digital bank built to settle payments on blockchain infrastructure. SBI Holdings USA announced the move on November 2, 2026. The stated goal is to explore blockchain-based settlement and stablecoin functions inside regulated banking. Erebor holds a national bank charter from the Office of the Comptroller of the Currency (OCC) and received FDIC insurance in February 2026. The bank has grown fast.
Source: Crypto Briefing
