Crown

Crown, based in Brazil, specializes in digital currency solutions, focusing on institutional-grade BRL stablecoins. It aims to enhance financial operations through innovative technology for fintech companies and financial institutions. Founded in 2024 by co-founders John Delaney and Vinicius Correa, Crown operates out of Sao Paulo, Brazil, providing digital currency services that enhance financial transactions. In December 2025, Crown raised USD 13.

5 million in series A funding led by investor Paradigm. The series A funding values Crown at USD 90 million. Crown focuses on providing institutional-grade BRL stablecoins, particularly the BRLV, which is fully collateralized with Brazilian sovereign debt instruments. This stablecoin serves as a secure, programmable, and compliant financial tool designed for various applications, including foreign exchange, treasury management, and tokenized settlements.

Crown's unique architecture allows fintech companies to rapidly develop and launch BRL-powered products with minimal infrastructure overhead through plug-and-play APIs. The primary clientele includes financial institutions and fintech firms seeking efficient solutions for capital management, asset tokenization, and enhanced payment systems, primarily marketed within Brazil but also appealing to international markets. Crown generates revenue through transaction fees linked to the minting and utilization of BRLV stablecoins. Customers incur fees for on-chain transactions, designed to cater to both business-to-business and direct-to-consumer interactions.

High-volume users, such as fintech platforms that integrate Crown's offerings, contribute significantly to this revenue stream. Additionally, partnerships for treasury management and asset tokenization provide ongoing revenue opportunities as clients leverage Crown's infrastructure for their financial operations. The company plans to utilize the December 2025 funding to speed up the creation and launch of its stable coin pegged to the Brazilian real.