S&P Global agrees to acquire OpenZeppelin
SPGI•Acquisition expands onchain security push
S&P Global agreed to acquire OpenZeppelin, a blockchain and smart-contract security firm focused on onchain finance.
The deal targets expanded digital-asset risk assessment, onchain security benchmarks, and intelligence for capital markets shifting onchain.
OpenZeppelin will operate as a separate unit
OpenZeppelin Contracts underpin more than USD 37 trillion in value transferred across stablecoins, tokenized funds, and DeFi.
OpenZeppelin has completed more than 900 security engagements. It will operate as a separate business unit led by CEO Demian Brener.
Financial terms were not disclosed, and the transaction is not expected to be material to S&P Global’s financial results.
