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S&P Global Grants 'B-' Credit Rating to Sky Protocol, Marking a First for DeFi Platforms

Published by cointelegraph.com on 2 hours ago

S&P Global Grants 'B-' Credit Rating to Sky Protocol, Marking a First for DeFi Platforms

S&P Global has assigned a credit rating to Sky Protocol that highlights significant concerns regarding its centralized governance structure, insufficient capitalization, and the prevailing uncertainty in regulatory frameworks.

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