Helix raises $2 million to connect crypto investors with private credit yields

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By BitcoinWiki News

Key Takeaways:

– Helix, a startup incubated by Helicap, raised $2 million in pre-seed funding for its real-world assets protocol.
– Saison Capital and Superscrypt led the round, with participation from other investors.
– The project aims to enable blockchain-based lending to businesses across Southeast Asia.
– Helix will target crypto businesses sitting on stablecoin liquidity.
– The Helix protocol is set for a planned launch on Ethereum in Q4 2023.
– The funding will be used to prepare for the launch and hire more staff.
– Helicap, the incubator, has disbursed over $200 million in loans in Southeast Asia.
– The Helix protocol may enable institutional liquidity providers to trade tokenized loan assets before maturity.
– The project is expected to address the growing demand for credit in the blockchain ecosystem.


Singapore-based startup incubator Helix has raised $2 million in pre-seed funding for its real-world assets protocol. The round was led by Saison Capital and Superscrypt, with participation from Emurgo Ventures, Comma3 Ventures, Outlier Ventures, Emoote, and others. Helix aims to facilitate blockchain-based lending to businesses in Southeast Asia by combining proprietary credit assessment tools with a pipeline of credit opportunities spanning various sectors. The company plans to target crypto businesses with stablecoin liquidity. Helix was incubated by Helicap, a private credit platform that has already disbursed over $200 million in loans in Southeast Asia since its launch in 2018. The Helix protocol is scheduled to launch on Ethereum in Q4 2023 and may expand to other blockchain networks later on. The funding will be used to prepare for the launch and expand the team.

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