S&P Global Buys OpenZeppelin to Dominate Onchain Security
SPGI is not a name TradFi allocators would expect to buy a crypto-native security firm. With 900+ audits and the dominant smart contract library under SPGI, onchain risk assessment gains a…
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SPGI is not a name TradFi allocators would expect to buy a crypto-native security firm. With 900+ audits and the dominant smart contract library under SPGI, onchain risk assessment gains a…
Owning the payout layer is the strategic upgrade: USDC settles across chains in seconds, but the licensed rails that turn those tokens into local deposits across 100+ markets are the real moat.
The CEO exit mid-sale is a flag, but the real read is the $2B-to-$200M valuation gap, which is what institutional counterparties now underwrite crypto custody names for this cycle.
If the offer lands it would be the largest take-private in payments since the post-pandemic era, and the clearest signal yet that legacy checkout players are being repriced for a stablecoin-and-API…
An activist known for pushing boards toward a deal takes a meaningful position in a software company already exploring its options, raising the odds of a formal process.
DraftKings' DKeX launch is the latest sign of trading and betting platforms taking exchange infrastructure in-house, and Bernstein now calls industry consolidation tangible rather than hypothetical.
Bernstein says every major prediction platform now owns both consumer distribution and exchange infrastructure, and the two venues still missing that pairing sit squarely in the crosshairs.