S&P Global has agreed to acquire OpenZeppelin, a company specializing in blockchain smart contract security. Founded in 2015, OpenZeppelin is known for its open-source contracts library that has facilitated over $37 trillion in value transfers. The company has completed more than 900 security engagements and identified over 10,000 vulnerabilities across various blockchain projects. OpenZeppelin will operate as a standalone unit within S&P Global, led by CEO Demian Brener. This acquisition, combined with S&P’s strategic investment in data provider Kaiko on September 14, demonstrates that S&P Global is building digital asset expertise to complement its traditional financial risk assessment business.
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