S&P Global agrees to buy blockchain auditor OpenZeppelin
- —OpenZeppelin has conducted 900+ audits and found 10,000 vulnerabilities
- —The OpenZeppelin Contracts library has secured transfers worth $37 trillion
- —After the deal, OpenZeppelin will remain a separate business unit
- —CEO Demian Brener will report to the president of S&P Global Ratings
Why it matters: A major ratings agency is buying crypto security expertise, strengthening institutional risk assessment of digital assets.
Source: PANews