#DeFiGetsGraded

For the first time ever, S&P Global has granted a credit rating to a DeFi protocol, with Sky receiving a rating of B-.

This move represents a milestone in the journey of financial institutions adopting decentralized technologies, and opens the door to further partnerships and official recognition of the DeFi space as part of the global financial system.

This could be the beginning of a new wave of institutional trust and investments in blockchain protocols!