Key Highlights Tokenized repurchase agreements (repos) currently average between $300 billion and $350 billion in daily volume, with credit, money market funds, and equities adding another $65 billion. Retail demand is fueling activity, with over 50% of trades taking place outside traditional market hours and roughly 80% of tokenized equity transactions involving fractional shares. The ...
Key Highlights The cryptocurrency sector faces a pivotal transition from engineering underlying infrastructure to driving actual consumer and institutional adoption. Major digital asset firms, including Coinbase, are shifting focus from complex blockchain mechanics to practical, everyday financial utility. Bridging the gap with mainstream finance requires simplifying user experiences so that the technology operating beneath the ...
Key Highlights S&P Global agreed to acquire smart contract security firm OpenZeppelin, expanding its digital asset business into the technology layer underpinning tokenized finance. OpenZeppelin will operate as a separate business unit under CEO Demian Brener, reporting to S&P Global Ratings President Yann Le Pallec; financial terms were not disclosed. The acquisition gives S&P direct ...
S&P Global has acquired OpenZeppelin, a leading blockchain security firm, marking a significant expansion of the financial intelligence provider’s digital asset capabilities. The acquisition brings OpenZeppelin’s extensive smart contract auditing expertise under the S&P Global umbrella, extending the company’s reach from entity-level ratings to code-level security assessments. OpenZeppelin’s Security Track Record Founded in 2015, OpenZeppelin ...