Loan sale advisor DebtX has been awarded a patent by the United States Patent and Trademark Office for its online loan sale and debt trading exchange program. This protects DebtX's innovations relating to due diligence, loan sales and debt trading that has played an important role in transforming the way commercial loans are bought and sold, DebtX said in a statement.

"We're pleased that the US Patent Office has recognized the unique components of DebtX's approach to loan sales, which has successfully generated billions of dollars in liquidity and has ushered in a new era of active portfolio management for financial institutions," said DebtX CEO Kingsley Greenland, in the statement.

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