S&P Global Completes Acquisition of OpenZeppelin
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S&P Global announced the acquisition of OpenZeppelin on September 17 and completed the transaction on October 26, completing the entire process in less than six weeks after the announcement. OpenZeppelin's open-source code supports more than $3.8 trillion in value transfers, and its security team has completed more than 900 audits, identifying over 10,000 vulnerabilities before the code was put into production. Following the completion of the acquisition, OpenZeppelin will retain its original name and operate as an independent unit under S&P Global; OpenZeppelin Contracts will remain open source and free, and will be maintained by the public.
AI-written from reports · updated 2 hours ago
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- CryptopolitanS&P Global completes acquisition of OpenZeppelin, transaction announced in September
S&P Global completed its acquisition of OpenZeppelin on October 26, less than six weeks after the transaction was announced on September 17. OpenZeppelin’s open-source code supports more than $38 trillion in value transfer, while its security team has completed more than 900 audits and identified 10,000+ vulnerabilities before code entered production; the company will retain its name as an independent unit, and OpenZeppelin Contracts will remain open source, free, and publicly maintained.
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