Loading organizations...
§ Private Profile · Capellen, Luxembourg, Luxembourg
Digital securities platform tokenizing private credit and infrastructure investments for fund managers, focused on blockchain securitization.
DEFYCA, which also operates under the name Frictionless Markets, is a Capellen, Luxembourg-based digital securities platform that tokenizes private credit and infrastructure investments on the blockchain. The company provides automated smart contracts that enable debt fund managers and institutional investors to handle price discovery, settlement, and payment flows for tokenized fixed-income portfolio assets. Operating as a seed-stage financial technology enterprise, the firm has raised $1.3 million in total venture capital funding to support its platform development. This initial seed financing was backed by notable institutional investors including QBN Capital, Blizzard Fund, Avalabs, and coinIX. The organization recently restructured its corporate model, separating its technology intellectual property under DEFYCA Labs while managing trading and securitization through the Frictionless Markets operating entity. DEFYCA was founded in 2021 by Pat Hourigan, Alex Garmash, and Oleksiy Garmash.
DEFYCA has raised $1.3M across 1 funding round.
DEFYCA has raised $1.3M in total across 1 funding round.
DEFYCA has raised $1.3M in total across 1 funding round.
DEFYCA's investors include Lydia Chiu, QBN Capital.
DEFYCA has raised $1.3M across 1 funding round. Most recently, it raised $1.3M Seed in November 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 22, 2022 | $1.3M Seed | Lydia Chiu, QBN Capital | — | Announced |