Trailblazers in digital securities
At Frictionless, we see the world from our clients' perspective.
Backed by Avalanche - The Blizzard Fund, QBN Capital, Cellrising, CoinIX, Kyber, and FIRSTavenue, our institutional cash solutions and tokenized products eliminate friction, setting the platinum standard for instant, secure, and global movement of institutional capital.
Headquartered in Luxembourg with operations in London, our expert team is dedicated to delivering the highest quality products and service experience to our institutional clients.
Frictionless is the first full-service, audited platform offering tokenization, digital fund administration, custody, and transfer agent services. We fully automate every aspect of the fund lifecycle, enabling institutions to navigate the digital securities landscape with confidence and efficiency.
As the legal issuer of Institutional Deposit Tokens in multiple global currencies, Frictionless ensures these tokens are backed by cash custody at Citi and Barclays. Our Institutional Cash Funds are exclusively invested in BlackRock Institutional Cash Series Funds, all safeguarded under Luxembourg's stringent securitization and financial collateral regulations.
Our values define our culture, and our culture drives the execution of our mission.
Innovation
Innovation everywhere empowers us to overcome adoption barriers and challenge the status quo.
Velocity
We act with speed, prioritizing action to ensure our institutional clients are always ahead of the competition.
Excellence
Excellence is at the core of everything we do, ensuring we deliver exceptional products and service to our clients.
Commitment
We are driven by a deep commitment to our clients. We deliver on promises and act with integrity.
Executive Team
Pat Hourigan
CEO & Founder
Pat Hourigan is a seasoned industry leader with a proven track record of driving growth and innovation in the technology and financial markets sectors. With 20+ years of expertise in both technology and digital markets, Mr Hourigan leads Frictionless Markets as group CEO.
Kazuhiko Yasuda
Head of Institutional Sales
Kaz Yasuda is a veteran of the capital markets, he joined Frictionless from FIRSTavenue Partners, a global placement agent with a track record of over 30 billion U.S. dollars of capital raising for institutional clients. Mr Yasuda has global responsibility for all institutional sales at Frictionless Markets.
Paul Buckley
Chair & Head of Capital Markets
Paul Buckley is the CEO, Founder and Managing Partner at FIRSTaveune. Through his vast knowledge and connectivity in the capital markets, Mr Buckley leads the strategic capital-raising initiatives and the governance of the board at Frictionless.
Global ambition with local presence
Headquartered in Luxembourg, our expanding global presence aims to cover all key financial hubs globally, starting with London and soon to expand our Asia-Pac coverage with our Hong Kong office.
