Paradigm Leads $13.5M Series A for Brazilian Stablecoin Firm Crown

2025-12-17 16:12

Paradigm has spearheaded a $13.5 million Series A funding round for Crown, a Brazilian stablecoin company. This marks Paradigm's first investment in Brazil, following Crown's earlier $8.1 million seed round in October 2025. Crown issues the BRLV stablecoin, pegged to the Brazilian real, with a total supply of 100 million tokens and a 30-day trading volume of $56,000. The investment underscores Paradigm's confidence in Crown's team and the burgeoning Brazilian fintech ecosystem, bolstered by digital payment systems like Pix. On-chain data indicates increasing interest in BRLV, highlighting the potential for stablecoins in Brazil's financial landscape.

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