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S&P Global Expands Crypto Focus Through OpenZeppelin Deal

S&P Global is expanding into crypto technology risk through a deal with OpenZeppelin, targeting infrastructure behind stablecoins, tokenized funds, and other onchain financial products, Decrypt reports.

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S&P Global Expands Crypto Focus Through OpenZeppelin Deal

S&P Global is moving further into crypto infrastructure through a deal with OpenZeppelin, according to Decrypt. The arrangement broadens the financial data provider’s focus beyond digital-asset markets and into the technology risks supporting onchain financial products. Areas covered include stablecoins, tokenized funds, and other blockchain-based financial products. The development highlights the growing importance of assessing the technical foundations behind crypto applications as these products become more established. S&P Global’s expansion places attention on the security and technology considerations linked to onchain finance, although the supplied information does not detail the deal’s financial terms or structure. The announcement may be relevant to market participants tracking the development of crypto infrastructure and risk tools across the digital-asset sector.

Source Decrypt Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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