Fintech firm Crown raises $8.1M to launch Brazilian real stablecoin

São Paulo-based fintech firm Crown has raised $8.1 million in a seed funding round to launch BRLV, a stablecoin pegged to the Brazilian real, Blockworks reported. The investment round was led by Framework Ventures, with participation from Valor Capital Group, Coinbase Ventures, Paxos, and Nubank.