Helix Labs
Helix Labs builds institutional DeFi infrastructure that lets validators and strategic token holders access liquidity from locked staking positions without breaking network commitments. Its flagship product, Helix Vault, issues $pCC (Promissory Canton Coin) — a non-transferable promissory receipt representing a claim on locked CC tokens under Canton Network's CIP-105 framework. The company operates sovereign validators across multiple L1 blockchains and integrates with institutional settlement networks like Canton and Stellar.
- Blockchain & Cryptocurrency
- Defense Tech
- Financial Technology
- Software Only
Funding
Funding not disclosed
- movementlabs.xyz (opens in a new tab)investor website
Founders
Product
Problem
CIP-105, the Super Validator Locking and Long-Term Commitment Framework on Canton Network, requires Super Validators to lock a substantial share of their lifetime earned CC rewards to maintain governance weight. This locked capital becomes economically inert — it cannot be financed, collateralized, or routed while securing the validator's standing, and selling or moving it forfeits governance weight. With aggregate lifetime earnings in the billions, this creates a massive amount of value sitting idle with no compliant path to put it to productive use.
Solution
Helix Labs provides institutional DeFi infrastructure that turns verified locked CC into usable liquidity without breaking the lock. The platform verifies locked CC against Canton state, records provenance and compliance state as on-chain contract evidence, and issues $pCC — a non-transferable promissory receipt representing a liquid claim on that locked collateral. The underlying CC never moves; it stays locked, securing network weight, while $pCC can be pledged as collateral in private credit arrangements and structured liquidity. When the validator wants their CC back, they burn the $pCC and the CC is unfrozen, with the claim clearing and the locked CC returning to its original compliant state. The system is designed around a verify → account → issue pCC → finance → reconcile pattern that creates liquidity without permanently breaking the lock.
Target Audience
Primary customers are Super Validators, foundations, and large stakers on Canton Network who need to finance operations while maintaining staking positions and governance participation, as well as institutional desks that hold, govern, or finance locked Canton capital.
Features
- $pCC is a non-transferable promissory receipt designed for private credit and collateral workflows, not open-market trading
- deliberately different from wrapped tokens or bridges that require moving the underlying asset
- Custody-aware architecture that keeps locked CC in place while enabling financing, with compliance-aware LTV that respects CIP-105 tier thresholds, lock status, and the 1/365.25 daily vesting on excess lock
- On-chain provenance recording that captures amount, lock status, and CIP-105 tier as package-aware contract evidence on Canton Network
- Native validator operations across Cardano, Internet Computer, BNB Chain, Aptos, Sui, Solana, and Ethereum, eliminating bridge risk and centralized custody
- Chain Fusion Security using ICP's trust-minimized cross-chain verification for cryptographic proof of reserves across heterogeneous blockchain architectures
- Canton Network CDP protocol and Stellar Network integration for cross-chain collateralized lending that channels external L1 liquidity into institutional lending markets