#DeFiGetsGraded
S&P Global has assigned the first credit rating to a DeFi protocol, giving Sky a rating of B-, marking an important milestone in the adoption of decentralized finance by institutions. This could pave the way for many traditional financial organizations to engage in DeFi by providing the necessary risk assessment frameworks.
S&P Global has assigned the first credit rating to a DeFi protocol, giving Sky a rating of B-, marking an important milestone in the adoption of decentralized finance by institutions. This could pave the way for many traditional financial organizations to engage in DeFi by providing the necessary risk assessment frameworks.