ficc.ai has received a grant from the Stellar Development Foundation to develop a blockchain-based pricing oracle for municipal bonds and U.S. Agency Mortgage-Backed Securities on the Stellar network. The initiative aims to enhance transparency and accessibility in fixed-income markets by distributing AI-driven pricing data onchain.
ficc.ai, an AI-powered fixed-income pricing platform, has been awarded a grant from the Stellar Development Foundation to build a blockchain-based pricing oracle for municipal bonds and mortgage-backed securities. The phased development plan will integrate ficc.ai's AI-powered municipal bond pricing engine into the Stellar network, leveraging its scalable and low-cost infrastructure to provide accessible, immutable pricing data. This partnership aims to democratize access to bond market data, reduce reliance on monopolistic pricing structures, and enable broader market participation. By bringing real-world asset pricing onchain, the initiative supports SDF's mission to increase access to financial services and create a more transparent and efficient financial ecosystem.