Stablecoin company Crown completes $8.10 million seed round
2025-10-14 15:02:29
Crown, a Brazilian stablecoin company, announced the completion of a $8.10 million seed round led by Framework Ventures, with participation from Valor Capital Group, Coinbase Ventures, Norte Ventures, Paxos, and Nubank co-founder Ed Wible. The new funds will be used to support the company's launch of a stablecoin BRLV, which is pegged to the Brazilian real (BRL) and fully backed by Brazilian government bonds.
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