Cicada is an on-chain credit risk management company founded by a seasoned team of former buy- and sell-side credit professionals. Joining 35+ years of diversified experience in traditional lending markets, Cicada’s co-founders moved into crypto full time after realizing the improvements to both borrower and lender experiences that could result from leveraging a transparent public blockchains.
Created in the aftermath of FTX, Cicada facilitates the growth of institutional lending on public blockchains by managing credit risks and enabling lenders to participate in non-custodial lending products without paying excessive fees to intermediaries and assuming excessive counterparty risks along the way.
Cicada’s co-founders have deep crypto lending expertise, having underwritten $850m in loans at a 1.2% default rate in ‘21/‘22.
Integrity above all else
Eschew hierarchy, but check egos
Verify, then trust
Continuous learning and openness
Fail small, learn quick
When in doubt, trust the process
Respect trends, but be skeptical
Bring responsible innovation to credit markets
Who We Are
SEFTON KINCAID, CFA
Chief Executive Officer
CHRISTINE CAI, FRM
Chief Business Officer
Head of Research