#DeFiGetsGraded SP Global has issued its first credit rating for a DeFi protocol, giving Sky a B- rating, marking an important milestone in the institutional adoption of decentralized finance. This could pave the way for more traditional financial institutions to engage in DeFi by providing the necessary risk assessment frameworks.

💬 How will the introduction or influence of traditional credit ratings affect the decentralized fundamentals of DeFi? Will the integration of centralized factors help DeFi gain greater trust and acceptance from institutions, or will it risk undermining decentralization and raise concerns about concentration?