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Cryptoz Cryptoz @cryptoz · 298K subscribers
Post #40364 70.7K
🤝 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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