Part 5/12:
A core element of this transformation is the development of digital credit instruments such as Strike, Stride, and Stretch, which offer high yields and liquidity unmatched by traditional securities. For instance, Stretch pays around 12.9% effective yield, offering investors immediate cash flow with minimal downside in adverse markets. These instruments are dynamically priced and adjusted, thanks to advanced AI and digital engineering, marking groundbreaking innovations—such as the first variable-rate preferred equity—without precedent in capital markets.