Brazilian fintech company Crown has raised $8.1 million in a seed funding round led by Framework Ventures. The round saw participation from Valor Capital Group, Coinbase Ventures, Norte Ventures, Paxos, and Nubank co-founder Ed Wible. The funds will be used to launch BRLV, a stablecoin pegged to the Brazilian real and backed by Brazilian government bonds. BRLV aims to differentiate itself from US dollar-denominated stablecoins like USDC by offering native revenue sharing to institutional partners. This includes distributing a portion of the income generated from the government bonds held to these institutions, providing a unique value proposition in the stablecoin market.