A major crypto venture fund just dropped $13.5M into Crown's Series A round, marking their debut investment in Brazil. Crown's the team behind BRLV—a stablecoin tied to the Brazilian real and backed by local government bonds. The round pegs Crown's valuation at $90 million.
This move signals growing institutional appetite for Latin American crypto infrastructure. Brazil's been heating up as a testing ground for digital assets, and a real-pegged stablecoin could unlock serious liquidity for regional DeFi ecosystems. Government bond backing adds a regulatory-friendly twist that might ease compliance concerns.
Worth watching how BRLV performs against established dollar-pegged options in emerging markets.
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OneBlockAtATime
· 2025-12-10 21:03
Brazilian stablecoins are very worth looking forward to
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ContractSurrender
· 2025-12-10 06:25
Whales see more South America
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AmateurDAOWatcher
· 2025-12-09 17:34
Optimistic about Brazil's prospects
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SeasonedInvestor
· 2025-12-08 19:05
Newbies are about to get slaughtered.
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PrivacyMaximalist
· 2025-12-08 19:05
Crypto Pioneer
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MetaNeighbor
· 2025-12-08 19:02
Pioneer in Emerging Markets
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ChainComedian
· 2025-12-08 19:00
Shifting to Latin America, feeling bullish.
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MysteriousZhang
· 2025-12-08 18:56
Veteran players in the financial industry appearing
A major crypto venture fund just dropped $13.5M into Crown's Series A round, marking their debut investment in Brazil. Crown's the team behind BRLV—a stablecoin tied to the Brazilian real and backed by local government bonds. The round pegs Crown's valuation at $90 million.
This move signals growing institutional appetite for Latin American crypto infrastructure. Brazil's been heating up as a testing ground for digital assets, and a real-pegged stablecoin could unlock serious liquidity for regional DeFi ecosystems. Government bond backing adds a regulatory-friendly twist that might ease compliance concerns.
Worth watching how BRLV performs against established dollar-pegged options in emerging markets.