🤝 S&P Global acquires crypto security giant.
The company has reached an agreement to acquire OpenZeppelin, whose solutions are used to protect major stablecoins, tokenized funds, and DeFi protocols.
More than $37T has flowed through the infrastructure based on OpenZeppelin Contracts, and the company has conducted over 900 audits, discovering more than 10,000 vulnerabilities before product launches.
S&P Global plans to use OpenZeppelin's technology to assess risks in smart contracts and other on-chain infrastructure as traditional finance moves onto the
blockchain.
The deal amount is not disclosed.
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