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S&P Global Completes Acquisition of OpenZeppelin and Assesses DeFi Risks

S&P Global Acquires OpenZeppelin and Launches DeFi Risk Assessment

S&P Global has completed the acquisition of OpenZeppelin, a leading developer of tools for auditing and securing smart contracts in the DeFi space.

The rating giant has already launched a DeFi treasury risk assessment system that takes into account code security, liquidity, and governance mechanisms.

The deal highlights the growing focus of traditional financial institutions on standardizing decentralized finance security.

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