Paradigm Invests $13.5 Million in the Brazilian Real Stablecoin Issuer Crown
By: theblockbeats.news|03/29/2026 10:44:10
0
Share
Prefer us on Google
BlockBeats News, December 8th, Paradigm announced on Monday that it has invested $13.5 million in funding in stablecoin startup Crown's Series A round, valuing the company at $90 million.
It is worth noting that this is Paradigm's first investment in the Brazilian market. Paradigm's investment and research partner, Brazilian Ricardo de Arruda, stated that Crown's leadership team and their past experience in fintech and institutional client services were key factors in Paradigm's decision to make it their first investment in Brazil.
Crown is the issuer of the BRLV stablecoin, which is pegged to the Brazilian Real (BRL). Crown has stated that its token has become the largest stablecoin in emerging markets worldwide. BRLV is fully backed by Brazilian government bonds.
-- Price
--
--
--
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Analyst: The Bitcoin daily Bollinger Bands have narrowed to a new low since early 2024, which may indicate a volatility of about 40%
The cryptocurrency market is generally stabilizing, with Bitcoin slightly fluctuating at $71,700 and Ethereum at $2,180, continuing the low volatility trend of the past few months.In terms of technical indicators, the daily Bollinger Bands for Bitcoin have narrowed to their tightest level since earl...
Zeno's Digital Twin Paradigm and DeSci's Tech Democratization
Carbon-based intelligence and silicon-based intelligence live under the same roof.
Park Se-yong, Co-founder of Fomo: "The Era of Trading All Assets in One App is Coming"
This Week's Macroeconomic Highlights: Fed's October Rate Hike Pause Expectations Rise, AI Sector Faces Divergence and Credit Risk Challenges
唐华斑竹 Analyzes the Current State of the Crypto Market, Advises Caution
U.S. Treasury Department's Survey Fails to Signal Debt Reduction, Bond Yields Rise with 10-Year Yield Back Above 5.12%
In a survey soliciting opinions from primary dealers, the Treasury asked about long-term Treasury buyback plans, how to improve buyback efficiency, timing of short-term debt issuance, and economic and financing outlook, but did not directly address reducing long-term bond supply. Some investors had ...
Unbanked, listed on the Tokyo Stock Exchange, discontinues cryptocurrency business for gold price-linked token 'Kinka' due to profitability issues
Safe crypto storage: where is the safest place to store cryptocurrency
The topic of safe crypto storage has come to the forefront again after the scandal surrounding Ledger: even large wallet manufacturers are not perceived by the crypto community as a source of absolute protection. Below is an analysis of five ways to store cryptocurrency, from the most risky to the m...
Cardano governance hits a wall as treasury reaches 91% cap
Cardano has 42.6 million ADA left under its treasury withdrawal limit, shaping new funding choices while existing grants support later milestones.
The RWA market on Solana grew from USD 700 million to USD 4.3 billion in one year
New whales boost Bitcoin after bear market, says Spanish analyst
Stablecoin remittances show 84% cost gap, but payout reliability varies
Stablecoins: Mastercard and BVNK Launch Fiat and Crypto Account, Stripe Targets 100 Countries with Its Cards
Mastercard and BVNK launch an account that combines fiat and stablecoins, while Stripe targets 100 countries for its stablecoin cards before the end of 2026.
How to Manage a Channel When Cryptocurrency Advertising is Banned in 2026
From September 1, 2026, cryptocurrency advertising in Russia will be subject to updated restrictions, making careful content presentation especially important for authors of thematic channels. Risks can arise not only from direct calls to purchase coins but also from commercial links, promo codes, r...
The session to annul the DNU allowing bitcoin contracts in Argentina failed
Only 18% of Uniswap v3 positions under $1,000 beat holding after gas, study finds
Bitquery’s Ethereum v3 study shows 18% of closed regular positions below $1,000 beat holding after gas. See what v4’s design changes.
Memecoins: 17 Days to Reach the Peak, One Year to Lose 95%!
Coin Metrics quantifies the life of memecoins: 17.2 days to reach their ATH, 370 days to lose 95% of their value, and only 3% returning to the peak.
Starknet Considers Separating from Ethereum to Become Quantum-Resistant
Bitcoin Directly or via an ETP in a Securities Account: What to Choose?
We explain how to choose between holding bitcoin directly or exposing yourself to it via ETPs in a regular securities account.
AMC's No Does Not Automatically Halt AMC Stock Tokens Abroad on Robinhood
Microsoft exposes how USDT-funded phishing network targeted 75,000 organizations
Microsoft targeted three cybercrime services selling phishing infrastructure for USDT and other payment methods in a global crackdown.
XRP Fails to Match Bitcoin and Ether's Success for Long-Term Holders: Why the Token Lags Behind the Market
XRP remains significantly below its historical peak from early 2018, while Bitcoin, Ether, and several other major crypto assets have managed to either refresh or substantially exceed their previous highs during this time. For investors who bought the token at the peak of the last major cycle, the s...
Fortitude sold $8.3 million in borrowed Zcash to fund its mining expansion
Fortitude’s disclosed ZEC loan and sale show how mining expansion can be financed without a new token purchase. New equipment also changes reward shares.
Bank of America: Still Expecting Rate Hike in October, Raises Forecast for Fed's Favorite Inflation Indicator
Study finds $188 billion in risky funds linked to crypto exchanges
September Web3 Security Monthly Report: 48 Major Security Incidents, Over $760 Million in Stolen Funds
Papertrade Revenue Surpasses Circle? It's Just a 'Liquidation Harvesting Machine'
Pearl's Strategic Power: Not Eliminating Useless Miners, But Naturally Phasing Them Out Through Economic Principles
Scammers First Deceive, Then Offer to Help Recover Losses
Ripple opens Wall Street’s door to Hyperliquid’s $59 billion trading market
Ripple’s 24/7 swaps bring weekend pricing gaps, margin risks, and collateral pressures to institutional trading.
Analyst: The Bitcoin daily Bollinger Bands have narrowed to a new low since early 2024, which may indicate a volatility of about 40%
The cryptocurrency market is generally stabilizing, with Bitcoin slightly fluctuating at $71,700 and Ethereum at $2,180, continuing the low volatility trend of the past few months.In terms of technical indicators, the daily Bollinger Bands for Bitcoin have narrowed to their tightest level since earl...
Zeno's Digital Twin Paradigm and DeSci's Tech Democratization
Carbon-based intelligence and silicon-based intelligence live under the same roof.
Park Se-yong, Co-founder of Fomo: "The Era of Trading All Assets in One App is Coming"
This Week's Macroeconomic Highlights: Fed's October Rate Hike Pause Expectations Rise, AI Sector Faces Divergence and Credit Risk Challenges
唐华斑竹 Analyzes the Current State of the Crypto Market, Advises Caution
U.S. Treasury Department's Survey Fails to Signal Debt Reduction, Bond Yields Rise with 10-Year Yield Back Above 5.12%
In a survey soliciting opinions from primary dealers, the Treasury asked about long-term Treasury buyback plans, how to improve buyback efficiency, timing of short-term debt issuance, and economic and financing outlook, but did not directly address reducing long-term bond supply. Some investors had ...
...
Contents
Latest articles
03/29/2026
10/17/2026
Latest coin listings on WEEX
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
