#DeFiGetsGraded

S&P Global has just made history, giving its first-ever credit rating to a DeFi protocol — Sky Protocol, formerly Maker. Rated B- with a stable outlook, Sky’s milestone signals a new era where decentralized finance meets traditional credit assessment. While S&P noted risks like governance concentration and peg stability challenges, the move validates DeFi’s growing institutional presence. Adding fuel to the momentum, Chainlink partnered with Intercontinental Exchange (ICE) to deliver premium FX and metals data on-chain, boosting accuracy and trust. Together, these events mark a bold leap toward bridging DeFi innovation with the credibility of global financial markets.