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S&P Global Ratings Forms DeFi Group to Build Out Crypto Framework

Michael Bellusci
Aggiornato ·1 minuto per la lettura
putilich

Don't miss CoinDesk's Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12.

S&P Global’s (SPGI) ratings division has created a decentralized finance (DeFi) strategy group to help build the company’s decentralized market framework for investors.

  • Chuck Mounts will lead the group as chief DeFi officer, and will work closely with the newly appointed head of DeFi transformation, Charles Jansen, according to a statement Monday.

  • The team seeks to build out S&P’s analytics and risk assessment capabilities for both traditional finance and DeFi clients

  • S&P’s move comes after fellow major credit rating player Moody’s said last year it was looking to hire crypto analysts to come to grips with “the potential wide-reaching impact of decentralized finance on existing ecosystems.”