S&P has bought OpenZeppelin. The price wasn’t stated. The sort of respectable deal that keeps the accounts tucked up in a sleeve.

A rating agency has bought a company that specifically performs inspections for smart contracts. Who issues the inspection report and who assigns the scores—now it’s the same hand.

Before, the buyer was the project team itself, paying out of pocket to hire security; now the counter has moved over to the rating agency’s side. Going forward, investors will look at the score first, then the code—if the code is too tough to swallow, the score will go down a bit easier; and if you swallow that, it even comes with a hint of sweetness.

Audit reports and credit ratings used to be separated by a street—now they operate in the same room, with two sets of uniforms hanging there. Small audit firms used to price based on their craftsmanship; from now on, they have to look at S&P’s face. OpenZeppelin still remains an independent unit; the door isn’t closed—only the key has changed hands.

Whether it’s real or not: look within the next year to see if any “audits with ratings” appear. If they do, that’s an open door; if they don’t, you’re just buying the name.

Scan the QR code below 👇 to join the group. In the group, we break down these kinds of mergers: who ends up buying craftsmanship, and who ends up buying the front.

#并购 #链上安全 #RWA