Bollcoin, October 21 — According to FXNewsGroup, Robinhood Ventures Fund I (NYSE: RVI) announced that it has invested $30 million to purchase preferred shares of Erebor Bank, National Association in the United States. Erebor is a U.S. nationally chartered bank serving the innovation economy, with coverage spanning defense, robotics, artificial intelligence, and hard tech industries. The bank obtained its national bank charter and federal deposit insurance from the U.S. Office of the Comptroller of the Currency (OCC) in February 2026, and its deposits have now exceeded $7 billion.