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BTCC / BTCC Square / Global Cryptocurrency /
Paradigm Backs Brazilian Stablecoin Startup Crown in $13.5M Series A

Paradigm Backs Brazilian Stablecoin Startup Crown in $13.5M Series A

Author:
Global Cryptocurrency
Published:
2025-12-08 20:51:02
14
2
BTCCSquare news:

Paradigm makes its first Brazilian investment with a $13.5 million bet on Crown, a stablecoin issuer pegged to the Brazilian real. The deal values the startup at $90 million.

Crown’s BRLV stablecoin, backed by government bonds, has already secured over R$360 million ($66M) in subscriptions. The project targets institutional clients with high-interest yield products, aiming for one trillion reais in circulation within a decade.

"Crown’s early traction with trusted financial infrastructure stood out," said Ricardo de Arruda, Paradigm’s Brazil partner. The VC firm noted the team’s fintech expertise as a key differentiator.

|Square

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