Tag: Sky Protocol
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S&P Global Gives Sky Protocol First-Ever DeFi Credit Rating
S&P Global Ratings has given Sky Protocol, formerly known as Maker Protocol, a “B-” issuer credit rating, the first time a major credit rating agency has formally assessed a decentralised finance (DeFi) project. The move signals growing overlap between crypto and traditional finance, as rating agencies begin to evaluate blockchain-based systems by the same standards…