#DeFiGetsGraded Binance and the Rated DeFi: A Look at the Evolution of the Crypto Ecosystem

The world of cryptocurrencies and blockchain technology is in constant evolution. Two of the most important pillars of this ecosystem are centralized exchanges, such as Binance, and decentralized finance (DeFi). The intersection between these two worlds, and the way they interact, is shaping the future of digital finance. Recently, a significant development in the DeFi space, the rating of projects by traditional credit agencies such as S&P Global Ratings, marks a turning point worth analyzing.

Binance: A Centralized Giant in a Decentralized World

Binance has established itself as the largest cryptocurrency exchange in the world by daily trading volume. Founded