S&P Global to acquire blockchain security firm OpenZeppelin

BlockBeats news, September 17: S&P Global announced an agreement to acquire OpenZeppelin.

OpenZeppelin is a blockchain security company founded in 2015 and is almost the industry default standard for Ethereum smart contracts: the open-source library OpenZeppelin Contracts is used to build tokens, stablecoins, and tokenized funds, with 9 of the top 10 stablecoins and all of the top 10 tokenized money market funds based on it. OpenZeppelin also provides security audits, continuous monitoring, and institutional-grade on-chain security services, having cumulatively handled over $30 trillion in contract value transfers, with clients including Circle, Uniswap, Aave, DTCC, Fidelity Digital Assets, WisdomTree, and others.