Robinhood’s RVI Fund Takes $30 Million Stake in Crypto-Friendly Erebor Bank
Key Highlights: Robinhood Ventures Fund I has acquired $30 million in preferred stock in Erebor Bank, a nationally chartered US lender, as announced on October 21. Erebor Bank was founded in 2025 by Palmer Luckey, Owen Rapaport, Jacob Hirshman, Aaron Pelz, and Trevor Capozza, and counts Valor Equity Partners, Lux Capital, and 8VC among its ...