#DeFiGetsGraded The ratings of DeFi projects by traditional agencies like S&P Global mark a crucial milestone. They represent the convergence of two financial worlds: TradFi (traditional finance) and DeFi (decentralized finance).

This trend is a sign that the DeFi ecosystem is maturing and gaining the necessary legitimacy to attract large-scale institutional capital. Although the initial ratings may be speculative (like the B- rating for Maker), their mere existence creates a foundation of transparency and risk assessment that did not exist before.