#DeFiGetsGraded S&P Global Assigns First-Ever Credit Rating to DeFi Platform Sky Ecosystem

Sky Ecosystem receives a B- rating, indicating moderate risk but financial responsibility.

The rating is a sign of growing trust and maturity in the DeFi sector.

The move could help improve ratings and transparency for DeFi projects.

There’s just been some big news from the world of decentralized finance (DeFi). S&P Global Ratings, one of the biggest players in financial ratings, has assigned a credit rating to Sky Ecosystem. What’s special about it? This is the first time they’ve rated a DeFi platform. Cryptonews.com reports this, and it shows how DeFi is slowly becoming part of the financial world.