Helix, a startup incubated Singapore-based private credit business Helicap, raised $2 million in pre-seed funding for its real-world assets protocol.
The RWA protocol aims to connect crypto businesses with lending opportunities in Southeast Asia.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Helix, a startup incubated by Singapore-based private credit business Helicap, raised $2 million in pre-seed funding for its real-world assets protocol.
The project aims to enable blockchain-based lending to businesses across Southeast Asia, according to an announcement today. Its platform pairs proprietary credit assessment tools with a pipeline of credit opportunities spanning a range of sectors. The Helix protocol is set for a planned launch on Ethereum in the fourth quarter of this year and may later expand to other chains. Its pre-seed funding will be used to prepare for the launch, as well as to hire more business development and engineering staff, Jaitawat said.
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