#DeFiGetsGraded DeFi is rated!

S&P Global has made history by granting the first credit rating to a DeFi protocol — that is the Sky project, with a rating of B-. 

Why is this an important turning point?

• Traditional financial tools are beginning to be applied to evaluate DeFi — paving the way for institutional investors to use familiar indices. 

• Traditional trust (TradFi) and trust in DeFi are no longer separate.

• This could boost liquidity, facilitate collaboration, and gain approval from legal authorities.