Fintech Crown Raises $13.5M Series A Led by Paradigm
Summary
Crown closed a $13.5 million Series A round led by Paradigm, bringing its valuation to about $90 million. The company plans to use the capital to speed up adoption of its Brazilian real-backed stablecoin, BRLV, and expand its operations. BRLV is currently available only to institutional clients and is backed by Brazilian government bonds. The round also highlights growing investor interest in Brazil’s fintech and digital asset market. Crown says the new funding will help it scale infrastructure and broaden its product set.
Funding
Amount
$13.5M
Total raised
Date
December 8, 2025
Announcement date
Investors
Framework Ventures, Nubank, Valor Capital Group, Sequoia Capital, Tether, Paradigm
Lead investors
Company
https://brl.xyz/
Funded company
Classifications
industries
Fintech & Banking
applications
No applications detected
AskAI Classifications
Labels
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