Ficc.ai to Use Stellar Blockchain Technology to Provide Trusted Pricing Data for Traditionally Opaque Asset Classes and Improve Access to Real-Time Bond Pricing
The Stellar Development Foundation (SDF) has awarded a grant to Ficc.ai, a pioneer in AI-powered fixed income pricing, to develop a blockchain-based pricing oracle for municipal bonds and U.S. Agency Mortgage-Backed Securities (MBS). According to a press release, the initiative aims to improve the transparency, accuracy, and accessibility of pricing for these important fixed income instruments.
The grant will support Ficc.ai’s phased development plan, starting with the integration of its AI-powered municipal bond pricing engine into the Stellar network. Traditionally, pricing of fixed income securities such as corporate and municipal bonds has relied on complex models, historical data, and manual assessments. Market inefficiencies, illiquidity, and opaque pricing create challenges for investors and traders. Ficc.ai solves these problems by using advanced machine learning algorithms and natural language processing (NLP) to provide more accurate and timely estimates.
Ficc.ai will create a more open and efficient financial ecosystem by combining AI with blockchain technology. The scalable and cost-effective infrastructure of the Stellar network will provide immutable, real-time pricing data for municipal bonds, creating greater transparency and accessibility to the market.
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