DEFYCA is a protocol that offers dematerialized private placement securities through its trading company Frictionless Markets S.à r.l. and technology provider DEFYCA Labs S.à r.l. The protocol enables the issuance of digital securities that comply with Luxembourg laws. It is open to accredited investors and provides performant, rated, and monitored portfolios. Investors can trade using USDC, USDT, and fiat currencies, and have multiple custodial options for their digital securities. The protocol also offers algorithmic investment strategies. Neither Frictionless Markets nor DEFYCA Holdings provide investment advice.