Crypto
S&P Global agrees to acquire OpenZeppelin to strengthen on-chain finance security
S&P Global has agreed to acquire blockchain security firm OpenZeppelin, expanding a traditional credit ratings business into the on-chain finance market. OpenZeppelin develops blockchain-based financial software and provides security audits, and its open-source Contracts library is used for DeFi protocols and tokenised assets. S&P Global did not disclose the purchase price and expects no material impact on results. OpenZeppelin will keep its name, structure and CEO.
