#DeFiGetsGraded — A Milestone for Decentralized Finance
In a historic first, S&P Global, one of the world’s leading credit rating agencies, has issued its first-ever credit rating for a DeFi protocol — a major leap in connecting traditional finance (TradFi) with blockchain-based finance.
Key Highlights:
Historic First: Never before has a major TradFi credit agency rated a blockchain-based lending platform.
The Rating: The inaugural rating went to a protocol called Sky, which earned a B-.
Why It Matters: This gives institutional investors a familiar framework to assess DeFi projects, potentially boosting trust, liquidity, and regulatory acceptance across the sector.
Signal of Maturity: The move shows that DeFi is evolving, gaining credibility, and moving closer to mainstream adoption.
This landmark moment could open the door for deeper collaboration between institutional finance and decentralized protocols, accelerating growth for the entire industry.
