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@cicadacredit

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Bringing Credit Risk Management On Chain

Joined February 2023
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@cicadacredit
Cicada
9 months
For 2024, we anticipate several key themes to emerge which we have described in our latest medium article here:
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@cicadacredit
Cicada
1 year
We are pleased to formally announce our closed funding round. Thank you to all of the individuals and organizations who believed in our mission of bringing the Credit Industry On-Chain!
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@cicadacredit
Cicada
11 months
In partnership with Monetalis Group, we are delighted to announce the launch of the Osprey Total Return Credit Pool on Maple Finance. This milestone marks the introduction of the first actively managed Investment Grade Credit backed loan offering on-chain.
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@cicadacredit
Cicada
1 year
Check out our team's research piece on how we see Stablecoin adoption trending in the coming years. TLDR: We are bullish.
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@cicadacredit
Cicada
1 year
Check out the blog piece we wrote in regards to the safety of under-collateralized lending on-chain. TLDR: It is way safer than what the crypto news cycle would have you believe....
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@cicadacredit
Cicada
10 months
We are pleased to announce our strategic partnership with the Atlendis Labs team to build short-duration private credit opportunities utilizing blockchain infrastructure!
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@cicadacredit
Cicada
1 year
Check out the 2nd part of our blog series regarding our thoughts on the DeFi industry and what eventually will lead to its dominance in Global Finance.
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@cicadacredit
Cicada
1 year
Check out the blog piece our team wrote regarding where we see Defi Rates going in the coming year. TLDR: Rates are going up.
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@cicadacredit
Cicada
11 months
To learn more about the pool, please visit:
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@cicadacredit
Cicada
11 months
In part 2 of our series on smart contract exploit data, we updated exploit statistics through Oct ‘23, with an accompanying time series analysis, and a deep dive into comparative attack vectors in overcollateralized lending protocols vs. credit origination protocols.
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@cicadacredit
Cicada
10 months
Why are we creating asset-backed lines of credit to help scale trade finance? In the first part of a series on trade finance, we outline current problems and frame the opportunity for lenders.
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@cicadacredit
Cicada
11 months
With a slew of recent tokenized and off-chain asset (aka "RWA") launches, we thought it important to revisit an important debate in traditional fixed income management, active vs. passive.
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@cicadacredit
Cicada
11 months
We have dedicated the past few months working with partners to develop a differentiated stablecoin treasury management product while maintaining a strong focus on capital preservation via built-in loss protection and an institutional grade operating model.
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@cicadacredit
Cicada
10 months
Our Partner: Atlendis is the capital-efficient credit origination protocol connecting DeFi with real-world use cases. Atlendis Flow is a registered Digital Assets Services Provider (DASP).
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@cicadacredit
Cicada
10 months
Focus on Short Duration Asset-Backed Lines of Credit (ABL): Our primary emphasis will be on Asset-Backed Lines of Credit (ABL) with self-liquidating collateral. Credit facilities will be structurally enhanced by separation of the corporate entity into an off-balance sheet SPV.
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@cicadacredit
Cicada
10 months
Our shared vision is to bring greater access and transparency to a traditionally difficult-to-serve and opaque private credit asset class.
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@cicadacredit
Cicada
10 months
Why This Partnership Matters: The partnership aims to establish a transparent, secure and scalable ecosystem on public blockchain, facilitating lender access to lower-middle-market borrowers in a risk-managed manner.
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@cicadacredit
Cicada
10 months
In later posts we will provide a review of the industry and how greater efficiency in lending markets can help fill an estimated $2.5T trade finance gap.
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@cicadacredit
Cicada
10 months
Key Highlights: Innovative Order Book Design: The order book design facilitates bilateral price discovery, and the revolving loan mechanism enables operational scaling and flexible repricing for borrowers over time.
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@cicadacredit
Cicada
10 months
Real-Time Data Monitoring: Direct data integration to enable timely resolution and proactive risk controls
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@cicadacredit
Cicada
1 year
@tbr90 Take a look at the piece we wrote about this issue. SC risk is widely overstated and can be best compared to Tradfi default rates at the end of the day.
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@cicadacredit
Cicada
11 months
TLDR: Only over the very long term can tokenization help reduce some of the structural inefficiencies resulting in the long-term outperformance of active management vs. passive. In the meantime, the notion of “passive” management in credit is deeply flawed.
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@cicadacredit
Cicada
11 months
With a plethora of once exclusively off-chain asset exposures coming on chain, and with various flavors of counter-party risk on- and off-chain, the following post lays out our brief thoughts, with simple heuristics for stablecoin owners to consider:
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@cicadacredit
Cicada
10 months
Welcome to the Credit Chronicle, by Cicada Partners, where we will share regular updates on product development, industry news, and research.
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@cicadacredit
Cicada
10 months
We are excited to support Fluna, a web2 tradetech business, to access capital markets on-chain and fulfill their working capital needs.
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@cicadacredit
Cicada
10 months
Stay tuned for more updates as we continue to forge ahead with our roadmap, bringing off-chain assets to on-chain capital markets!
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@cicadacredit
Cicada
10 months
Leveraging protocol-driven operational efficiency and accessibility, the Atlendis x Cicada offering aims to address unique challenges faced by lower middle market businesses, particularly the difficulty in accessing bank financing to support capital-intensive growth.
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@cicadacredit
Cicada
10 months
Our Asset-Backed structure is designed to enhance the borrowing profile of our target markets by combining a well-tested securitization framework with real-time risk monitoring.
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@cicadacredit
Cicada
10 months
As private credit continues to replace traditional bank lending, we believe our focus on short duration ABLs with self-liquidating collateral is a differentiated and defensive strategy in any market climate.
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@cicadacredit
Cicada
10 months
This offering allows lenders exposure to a traditionally difficult-to-access asset class and lend at an interest rate aligned with their own risk/return appetite utilizing Atlendis' unique open order book pricing model.
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