Record sog_issuer_loon_technology

Loon Technology Inc.

Canadian financial technology company and current issuer of CADC after acquiring the stablecoin and assuming issuer responsibility in 2025.

Category
Company or corporate group
Regulatory character
Not recorded in canonical data
Jurisdiction
CanadaCountry or territory
Connected assets
1
Relationships
1 current0 historical
Evidence
5 source records

Identity and taxonomy

Overview

Public classification, legal-form state, jurisdiction, roles, confidence, and review state remain explicit.
Organization categoryCompany or corporate group
Canonical organization typeStablecoin Company
Legal formNot recorded in canonical data
Legal-form stateNot Recorded
Regulatory characterNot recorded in canonical data
JurisdictionCanada
Jurisdiction scopeCountry or territory
Functional rolesLegal issuer
Relationship statesActive relationship
Primary display relationships1
Official websitehttps://loon.finance/
Record confidenceHigh
Last reviewed2026-07-09
Category
Company or corporate group
Regulatory character
Not recorded in canonical data
Jurisdiction
Canada
Jurisdiction scope
Country or territory
Functional roles
Legal issuer
Record confidence
High

Connected assets

Relationships

Current, ended, and unknown relationships remain separate. Primary display is navigation only.
StablecoinSymbolFunctional roleDisplayFromUntilStateLifecycle
CADCCADCLegal issuerPrimary display2025-10-27Not yet recordedActive relationshipActive

CADC

Primary display
Role
Legal issuer
State
Active relationship
From
2025-10-27
Until
Not recorded

Material history

Events

Typed events and organization control actions remain linked to evidence.
DateEventCategorySubtypeStatus effect
2025-10-27Loon acquires CADC and assumes issuer responsibilityMigration and rebrandIssuer TransitionRemained active

Provenance

Evidence

Source identity, publication date, reliability, archive state, and relation count remain separate.
5 source identities · 5 evidence relations
SourcePublisherSource categoryProvenancePrimary or secondarySupported claimsArchiveReliability
CADC | Canada's Regulated CAD Stablecoin | Loon
Published Not yet recorded
LoonOfficial documentation or product page
Canonical: Official Website
Subject-controlled sourcePrimary sourceIdentity, Issuer, Current Product, Backing, Reserve, Redemption, Deployment Networks, Current Cadc Identity Issuer Backing Redemption Networks and AccessArchive index or wildcardHigh
CADC Reserve Transparency & Attestations
Published Not yet recorded
LoonReserve, assurance, or financial report
Canonical: Reserve Transparency Page
Subject-controlled sourcePrimary sourceReserve, Custody, Attestation, Backing, Current Reserve Ratio Atb Financial Custody and Monthly AttestationsArchive index or wildcardHigh
Access CADC
Published Not yet recorded
LoonOfficial documentation or product page
Canonical: Official Product Page
Subject-controlled sourcePrimary sourceRedemption, Minting, Network, Contract Address, Canonicality, Direct Mint Redeem Access Native and Bridged Networks and Exact IdentifiersArchive index or wildcardHigh
Meet CADC
Published 2026-01-28
LoonOfficial statement or announcement
Canonical: Official Blog
Subject-controlled sourcePrimary sourceIssuer, Backing, History, Contract Address, Current Issuer Identity Backing History and Exact Evm IdentifiersArchive index or wildcardHigh
Loon Raises $3 Million to Build Canada's Regulated Digital Dollar; Acquires CADC Stablecoin
Published 2025-10-27
Loon via PR NewswireOfficial statement or announcement
Canonical: Official Statement
Subject-controlled sourcePrimary sourceOwnership, Issuer Transition, Launch Year, History, Cadc Acquisition Paytrie Origin 2021 Year and Loon Issuer TransitionArchive index or wildcardHigh

Uncertainty

Known unknowns

Reviewed gaps remain visible instead of being converted into false certainty.

launch_date

Loon states that CADC has circulated since 2021 and identifies PayTrie as the original issuer, but the reviewed primary source set does not establish the exact original first issuance or public availability day.

Severity
Medium
Last checked
2026-07-09

Year-level evidence is not coerced into a day.

issuer_structure

Loon's 2025 acquisition and assumption of issuer responsibility are established, but the complete historical legal-entity allocation of CADC issuer obligations during the PayTrie era is not fully reconstructed in the reviewed primary source set.

Severity
Medium
Last checked
2026-07-09

Current issuer identity is clear; historical issuer legal-form detail remains separate.

deployment_lineage

Loon publishes exact CADC identifiers on five networks and states Ethereum is native while Base, Polygon, Arbitrum, and Solana are bridged, but the reviewed public source set does not identify the bridge operator and complete historical bridge lineage for every network.

Severity
Medium
Last checked
2026-07-09

Exact identifiers and canonicality are recorded without inventing bridge operators.

Maintenance

Corrections and further reading

Report a record problem or inspect methodology and machine-readable data.