Exchanges· ★★★★· bullish·

S&P Global to buy smart-contract auditor OpenZeppelin

  • —OpenZeppelin has conducted more than 900 audits, including a review of Convex Finance worth $15 billion
  • —The OpenZeppelin Contracts library underpins major stablecoins and tokenized funds
  • —The deal will not have a material impact on S&P Global's financial statements
  • —Jefferies, Clifford Chance, FT Partners and Cooley acted as advisers
Why it matters: A major traditional finance player is buying a key DeFi auditor, accelerating institutional adoption of tokenization.
Source: CryptoPotato
More on this
Exchanges · Sep 22
Bithumb Asset injects 112 billion won into subsidiary Asia Estate
 Exchanges · 19:37
Broadridge rolls out tokenization engine and AI tools as blockchain rivals threaten its market share
 Exchanges · 19:30
Bitmine's ETH Holdings Reach 5.98 Million Tokens, Total Crypto and Cash at $17.1 Billion