S&P Global to acquire smart contract security firm OpenZeppelin

S&P Global has agreed to acquire OpenZeppelin, a firm specializing in smart contract security, to bolster its digital asset infrastructure. OpenZeppelin will operate as a separate business unit under its current leadership, reporting to S&P Global Ratings. The acquisition provides S&P with direct access to security layers supporting stablecoins, tokenized funds, and DeFi applications, as the firm expands its capabilities in on-chain technology risk assessment.