FIC Network is an end-to-end decentralized fixed income securities network that enables the listing, exchange, and securitization of fixed income financial instruments. FIC Network is an asset-agnostic, multi-currency distributed ledger primarily focused towards institutions using traditional currencies and adapting to cryptocurrency markets. Crypto hedge funds and traditional asset managers will greatly benefit from cost savings and expanded market opportunities.
We are building a blockchain-based fixed income market that will operate similarly in concept to the traditional systems, but will reduce costs, operational friction, and risks along with improved auditability and transparency. Our technology will allow the users to list, buy, and sell any type of fixed income securities/financial instruments, including loans, bonds, collateralized loan obligations (CLOs), asset-backed securities (ABS), syndicated loans, credit default swaps (CDS), and futures.
The network is primarily meant for financial institutions such as crypto asset managers, banks, investment banks, lending companies, hedge funds, credit funds, insurance companies, family offices, and corporations, as well as for service providers like valuation firms, auditors, law firms, and ratings agencies. The solution will be opened to individuals in later iterations.