About Cicada

Clearpool, an onchain credit marketplace, has announced a strategic partnership with Cicada Partners, an onchain credit risk advisory and management company. As part of the collaboration, Cicada will structure and underwrite PayFi lending opportunities for select borrowers, manage their Credit Pools through Clearpool’s Port Vaults, and serve as the administrative and monitoring agent on behalf of lenders.

Citi invests in Cicada, the investment was made by Citi’s Markets Strategic Investments unit, which […]