S&P Global to Acquire Blockchain Security Firm OpenZeppelin

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S&P Global announced on September 17 (UTC+8) that it has agreed to acquire OpenZeppelin, a blockchain security firm founded in 2015. OpenZeppelin is a leading provider of Ethereum smart contract security, with its open-source library used by nine of the top ten stablecoins and all of the top ten tokenized money market funds. The company has audited over $30 trillion in contract value and serves clients including Circle, Uniswap, and Fidelity Digital Assets. As global cryptocurrency regulations continue to evolve, this acquisition underscores the industry’s growing focus on mitigating security risks.

ME News reports that on September 17 (UTC+8), S&P Global announced it has reached an agreement to acquire OpenZeppelin. OpenZeppelin, founded in 2015, is a blockchain security company that has become the de facto industry standard for Ethereum smart contracts: its open-source library, OpenZeppelin Contracts, is used to build tokens, stablecoins, and tokenized funds—nine of the top ten stablecoins and all of the top ten tokenized money market funds are built on it. OpenZeppelin also provides security audits, continuous monitoring, and enterprise-grade on-chain security services, having facilitated over $30 trillion in contract value transfers. Its clients include Circle, Uniswap, Aave, DTCC, Fidelity Digital Assets, and WisdomTree. (Source: BlockBeats)

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