Obligate Partners with Cicada to Expand Institutional Access to Blockchain-Based Private Credit Solutions
Boston, Massachusetts and Zurich, Switzerland — September 12th, 2025
Obligate, a leading provider of blockchain-based capital markets infrastructure, has announced a strategic partnership with Cicada, an innovative risk management and advisory company that helps institutional investors discover and access top-performing blockchain-native yield opportunities through its Tokenized Risk Assessment rating capabilities and services. This collaboration integrates Obligate’s on-chain private credit and structured products infrastructure with Cicada’s institutional capabilities, expanding their mission and vision throughout the DeFi space with their expertise in credit risk management.
Through this partnership, Cicada users will gain streamlined access to Obligate’s suite of tokenized debt products, which combine the attractive risk-adjusted returns of private credit opportunities, with the security, efficiency, and transparency of blockchain technology. The integration represents a key step in bringing transparency through compliant, high-quality tokenized credit risk analyses to a broader investor base, including family offices, asset managers, and DAOs.
Cicada’s platform empowers institutional investors to connect with vetted blockchain-native investment vehicles. By combining Obligate’s technology with Cicada’s offering, users can now rely more easily on institutional standards while allocating capital directly into tokenized, on-chain debt instruments, backed by robust risk analysis and proven legal frameworks with real-world counterparties.
“Cicada is committed to empowering institutional investors with smarter, safer access to stablecoin yields through blockchain-native risk management and transparent tokenized risk assessments. This partnership with Obligate is a natural extension of our mission — bringing together our institutional standards and innovative risk frameworks with Obligate’s robust blockchain infrastructure to expand access to high-quality, vetted private credit opportunities. By working together, we can deliver new levels of trust, efficiency, and transparency to this rapidly evolving market, enabling investors to confidently bridge from traditional finance into the next generation of real, on-chain yield.”
— Sefton Kincaid, Managing Partner of Cicada.
“This partnership with Cicada accelerates our mission to unlock the benefits of blockchain infrastructure for private credit markets. Cicada has built a trusted platform for corporates and institutional investors that wish to explore the digital asset space. Together, we are enhancing capital formation and building trust and reliance with Cicada’s well established methodology in new opportunities, that were previously unclear for professional investors.”
— Oscar Buhler, Obligate’s Head of Investment Solutions.
This collaboration exemplifies how combining robust expertise in credit and corporate analysis with blockchain-based financial infrastructure can create a more trustworthy, inclusive, efficient, and transparent financial ecosystem. By joining forces, Obligate and Cicada are helping institutional investors bridge the gap between the standards of traditional finance (or “TradFi”) and the next generation of on-chain finance.
About Cicada Partners
Cicada empowers institutions with smarter, safer lending strategies through risk management and tokenized risk assessments that enhance transparency and expand access to institutional lending via blockchain.
About Obligate
Obligate is a blockchain-based capital markets platform enabling companies to issue tokenized debt securities in a legally compliant, on-chain environment. By removing intermediaries and leveraging public blockchain infrastructure, Obligate enhances the efficiency and transparency of debt capital markets while maintaining institutional-grade legal standards.
