ALEXANDRIA, Va., May 26 -- United States Patent no. 12,639,763, issued on May 26, was assigned to TRETE Inc. (Prosper, Texas).

"Data retrieval and validation for onboarding private credit assets and deriving private credit asset characteristics" was invented by Damien Patton (Plano, Texas), Christian Gratton (Eaton Rapids, Mich.) and Rish Mehta (Castro Valley, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "The present invention extends to methods, systems, and computer program products for data retrieval and validation for onboarding private credit assets and deriving private credit asset characteristics. A first set of data associated with a private credit asset is collected. Identifiers associated w...