S&P Global, the financial ratings and data giant, has agreed to acquire smart contract security firm OpenZeppelin to expand its risk assessment services for tokenized financial products. OpenZeppelin’s code libraries have underpinned more than $37 trillion in value transferred through stablecoins, tokenized funds, and DeFi protocols. Financial terms were not disclosed, and S&P Global said the deal is not expected to materially affect its financial results. OpenZeppelin will continue operating under its own name as a separate business unit within S&P Global, under the leadership of CEO Demian Brener.
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