On the protocol, tokenized assets will be issued, securitized and structured into liquid pools, and investors can deploy algorithmic strategies to trade. As the usual steps of debt issuance such as liability matching, settlement, payment flows and price discovery are executed automatically by smart contracts, the process is faster and cheaper than in traditional markets, according to the protocol.
Source: https://www.coindesk.com/markets/2023/03/09/securities-platform-defyca-to-release-tokenized-private-debt-protocol-on-avalanche/?utm_medium=referral&utm_source=rss&utm_campaign=headlines