Current outcome
S&P Global has agreed to acquire OpenZeppelin; OpenZeppelin will operate as a separate business unit, with Demian Brener remaining CEO and reporting to Yann Le Pallec, and financial terms were not disclosed.
Progress timeline
2 material updates- #01
S&P Global to acquire blockchain security platform OpenZeppelin
S&P Global has agreed to acquire blockchain security platform OpenZeppelin to expand its digital asset risk assessment and onchain capabilities.
Source evidence: Cointelegraph
- #02
Financial Data Giant S&P Global Moves Deeper Into Crypto With OpenZeppelin Deal
After the acquisition, OpenZeppelin will continue operating as a separate S&P Global business unit, with co-founder and CEO Demian Brener remaining in charge and reporting to S&P Global Ratings President Yann Le Pallec; financial terms were not disclosed.
State after update: S&P Global has agreed to acquire OpenZeppelin; OpenZeppelin will operate as a separate business unit, with Demian Brener remaining CEO and reporting to Yann Le Pallec, and financial terms were not disclosed.
Source evidence: Decrypt