DEFYCA has developed a blockchain protocol that enables digital and crypto investors to invest in traditional debt securities and loan portfolios through tokenized assets. The protocol is designed to remove counter-party risk and includes an independent risk oracle for continuous risk monitoring. It supports instant Delivery versus Payment (DvP) settlement, specially secured MPC custodial wallets, an established crypto custodian, and treasury accounts provided directly at Circle (the stablecoin issuer). The company plans to use its seed funding to launch the protocol and take the product to market. DEFYCA will launch its mainnet in Q1 2023. The company was co-founded by Pat Hourigan and Alex Garmash and is based in Luxembourg.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Nov 2022