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Crown Raises $8.1M to Launch BRLV, a BRL-Denominated Stablecoin Backed by Brazilian Government Bonds
SeedCrypto

Crown Raises $8.1M to Launch BRLV, a BRL-Denominated Stablecoin Backed by Brazilian Government Bonds

•October 14, 2025
•Oct 14, 2025
0

Participants

Crown Equipment Corporation

Crown Equipment Corporation

company

framework ventures

framework ventures

investor

Valor Capital Group

Valor Capital Group

investor

Paxos

Paxos

investor

Coinbase

Coinbase

investor

Deal Summary

São Paulo-based fintech Crown raised $8.1 million in a funding round led by Framework Ventures, with participation from Valor Capital Group, Coinbase Ventures, Paxos and others to launch BRLV, a tokenized Brazilian real stablecoin backed by government bonds to give institutional investors access to Brazil's high-yield fixed-income market.

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