/Helis Network closes seed round to build decentralized finance ecosystem

Helis Network closes seed round to build decentralized finance ecosystem

Helis Network, an enterprise protocol for decentralized finance (DeFi), today confirmed the closing of its seed round for USD $500K. The round was completed two weeks ago by several high-profile and strategic crypto funds and angel investors.

With the capital raised, the Helis team be using it to: continue developing products to bring in a new era of finance, ensure its smart contracts are secure and have been audited by reputable firms, help the community grow and launch more initiatives.

Features

Helis is focused on making DeFi accessible and powerful for enterprises. The team is achieving this through developing a series of usable products including:

  1. Payroll: An enterprise application that enables easy payments to businesses, employees, freelancers, and investors. Coupled with a beautiful interface. Fiat integration coming soon.
  2. Loans: Enterprises have plenty of idle assets. Creating easy to use interfaces to aggregate liquidity and find the best lending rates can be integrated alongside payroll.
  3. Derivatives: Speculation is one of the primary use cases with cryptocurrencies. Creating products that help understand the risks in a simple, easy to use way can prove to be useful.
Ecosystem Roadmap