Stellar is promoting blockchain adoption in mainstream finance. Stellar Development Foundation (SDF) has given ficc.ai, a company with experience in AI-based pricing for fixed-income, a grant.
This partnership is designed to bring pricing for municipal bonds and U.S. Agency Mortgage-Backed Securities (MBS) onto a blockchain. However, by integrating blockchain, ficc.ai is aiming to introduce increased transparency, efficiency, and accessibility to the fixed-income market.
Ficc.ai will develop a blockchain-based price oracle that will provide real-time valued bond prices on the Stellar network. This will be a verifiable and immutable source of price information that will add more trust to transactions.
The first stage will integrate ficc.ai’s AI-powered municipal bond pricing engine with Stellar’s blockchain. ficc.ai will give market participants increased access to fixed-income pricing data using Stellar’s cost-effective and scalable architecture.
Stellar expands collaboration with financial institutions
The company is also engaging with leading financial institutions and asset managers. The goal is to shift fixed-income pricing solutions from centralized models to decentralized blockchain-based systems. This transition will challenge existing monopolistic pricing structures and open up the bond market to a wider range of participants.
Moreover, Stellar sees this move as a critical step toward the future of finance. The network is to improve access to everyday financial services, making it an ideal platform for hosting real-world asset data. By supporting ficc.ai, Stellar is reinforcing its commitment to driving financial inclusion and market transparency.
However, the final vision for ficc.ai is to democratize access to bond market data. A limited few typically control pricing models in conventional systems and pose barriers to small investors and institutions. Blockchain technology can potentially change this by making open and public pricing data available.
Through AI-based insights and real-time data, ficc.ai’s solution will improve efficiency and market interaction. Although a major milestone in bridging traditional finance and blockchain, having MBS and municipal bond pricing on-chain has the potential to set a precedent for other financial products.
