#DeFiGetsGraded
Big news just came from the world of decentralized finance (DeFi). S&P Global Ratings, one of the biggest names in financial ratings, has given a credit score to Sky Ecosystem. What makes this special? It’s the very first time they’ve rated a DeFi platform. This was reported by Cryptonews.com and shows how DeFi is slowly becoming part of the mainstream financial world.
DeFi is still pretty new and a bit mysterious to many people. It uses blockchain and smart contracts to handle money without banks. While it’s exciting, some folks worry about safety and rules.
By rating Sky Ecosystem, S&P Global is saying, “We see you, DeFi. You’re getting better and deserve a closer look.” This can build trust, attract more investors, and make DeFi safer for everyone.