#DeFiGetsGraded
In a groundbreaking move for DeFi, S&P Global has issued its first-ever credit rating to a decentralized finance protocol, assigning Sky a B- rating—a significant stride toward institutional legitimacy and trust in DeFi. This milestone marks the first time a major traditional financial evaluator has applied its assessment framework to blockchain-based lending systems, potentially opening doors for deeper liquidity, stronger partnerships, and regulatory acceptance. By melding traditional creditworthiness with DeFi innovation, this move signals that the sector is entering a new era of maturity and mainstream recognition.