#DeFiGetsGraded

S&P Global has issued its first-ever credit rating for a decentralized finance (DeFi) protocol, awarding Sky a B- rating. This marks a historic milestone for the DeFi industry, signaling growing recognition from traditional finance.

By applying established credit rating methodologies, S&P provides institutional investors with a familiar risk assessment framework, potentially unlocking broader participation in DeFi markets.

The move highlights a shift toward bridging the gap between blockchain-based financial systems and conventional investment structures. While a B- rating indicates notable risks, it also reflects the protocol’s operational stability and potential for growth.

This development could set a precedent, encouraging more DeFi projects to seek ratings and opening the door for increased institutional trust and capital inflow.