// what I verified
Claims, and where each one stands.
Every claim on this page carries its evidence tier. Nothing is smoothed over, and nothing a project told me is presented as something I checked.
Identity note before anything else: this page initially looked like a possible name collision between two unrelated companies, a well-documented Bitcoin-native Helios Finance and a separately listed Canton project of the same name. Direct verification against the project's own site resolved it. Both live at heliosfinance.xyz, under one company, with a dedicated Canton product page at heliosfinance.xyz/canton alongside the original Bitcoin product.
heliosfinance.xyz; heliosfinance.xyz/cantonA permissionless lending and credit protocol on Canton: borrow USDCx against CC collateral, described as running on audited Daml smart contracts on Canton mainnet.
heliosfinance.xyz/cantonA Canton Coin-backed credit card, the Helios Reserve Card, issued by Rain, a Visa Principal Member, usable wherever Visa is accepted.
heliosfinance.xyz/cantonThe company's founder is Tristan Kleine-Fournier. A $1M funding round was led by Draper Associates, with Draper Dragon, 3Commas Capital, and the BitcoinFi Accelerator participating. This raise was reported for the company's original Bitcoin-native protocol and card; whether it also funded the Canton expansion specifically is not stated anywhere found.
Dealroom.co, reporting the Helios Finance raiseThe Canton page displays a partner logo row including Canton, Digital Asset, Five North, Loop Wallet, and Fairmint, under the header "In Partnership With." No press release, joint announcement, or named agreement with any of these was found independently. Logo placement alone does not confirm a formal partnership, so this does not score as a named institutional counterparty until verified elsewhere.
heliosfinance.xyz/cantonThe site states the protocol uses "audited" and "self-custodial and audited smart contracts," but no auditor is named on the Canton-specific page, unlike the Bitcoin side of the product, which names Morpho's audited vaults specifically.
heliosfinance.xyz/canton// canton quadrant
Placement, issue 02.
Scored on the published seven-item substance checklist. Every item is binary and announced claims score zero until verified. This placement is published in issue 02.
Published in issue 02 on 27 July 2026. Placements are rechecked each issue and this page is the living record, so any movement or correction appears here first.
// what I could not verify
Gaps.
These are findings, not omissions. I looked and state what I found.
Named institutional counterparty. The partner-logo row is the only lead. None of Canton, Digital Asset, Five North, Loop Wallet, or Fairmint has a confirmable independent statement about a Helios partnership.
Named auditor for the Canton deployment. "Audited" is claimed without a report, firm name, or link, specific to the Canton contracts.
// open to the project
Sections Helios can fill.
These stay empty until the project supplies them. Anything supplied is labeled as supplied, dated, and never rendered as something I verified. Declining changes nothing else on this page.
Partnership confirmation
Which of the five logged partners have a real, describable relationship, and what it is.
Audit report
The name of the firm and a link to the report covering the Canton Daml contracts specifically.
Canton-specific funding
Whether the Draper-led round funded the Canton expansion, or whether Canton is being built on the original raise.
// corrections
Correction log.
No corrections recorded. First published 27 July 2026.