Check out Helix! This Singapore-based startup helps businesses across Southeast Asia access blockchain-based lending through their real-world asset (RWA) marketplace.  

• And they just raised a $2M pre-seed.
• Helicap, an alternative lending fintech based in Singapore, incubated them.

Investor check. Saison Capital and Superscrypt led the round, while Emurgo Ventures, Comma3 Ventures, Outlier Ventures, Emoote, and other investors joined in!

• The amount raised was undisclosed. 

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🧬 Get in the loop

Helix connects crypto lenders to off-chain projects so they can get stable uncorrelated yields. They claim that this yields higher than on-chain DeFi because of less volatility and crypto correlation. 

So, what you can invest in? Sample deals on their website show a fintech company and a secured loan.

• No fraudsters allowed. Their proprietary credit assessment tool can analyze millions of loans and filter in high-quality credit opportunities.
• They’ve got a diverse pool of borrowers across consumer, agriculture, education, and small and medium-sized enterprises in Southeast Asia. 

How it works. Helix’s DeFi protocol uses smart contracts and tokenized collaterals to connect you to RWAs.

That’s not it! They can also allow institutional providers to trade tokenized loan assets before maturity.  

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⏪ More on Helicap

Helicap is a Singapore-based fintech that lets you access private markets. They’ve got proprietary tech that checks loan data and analyzes credit risk.

They’ve disbursed over $200M in the last 5 years.

• They raised $5M from Tikehau Capital and PhillipCapital last year!

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👀 Coming soon

The fresh $$$ will be used to prepare for the launch and grow their business development and engineering staff!

• The Helix protocol will launch on Ethereum later this year. 
• Plus, Helix wants to collaborate with stablecoin providers and other lending protocols.