S&P Global announced that it had completed the acquisition of blockchain security company OpenZeppelin. The acquisition price was not disclosed, and OpenZeppelin will retain its name and operate under S&P Global. Founder Brener (ブレナー) will continue to lead the business.
S&P Global, a leading provider of financial information and credit ratings, has completed the acquisition of OpenZeppelin. The acquisition was announced on 26 October, and the purchase price was not disclosed.
Following the acquisition, OpenZeppelin will retain its existing name and operate as a business unit under S&P Global. Founder Demian Brener (ブレナー) is expected to continue leading the business.
OpenZeppelin provides security assessments and support for secure development. Its security team has handled more than 900 engagements and identified more than 10,000 vulnerabilities. OpenZeppelin Contracts will continue to be provided free of charge and maintained as an open-source project.
The company is said to have supported the transfer of more than $38 trillion in assets to date. In August, it announced a strategic partnership with Pacific Meta, outlining plans to promote the adoption of security support in the Japanese market.