S&P Global

Blockchain News

Ledn makes crypto history with the first S&P-rated Bitcoin bond, a landmark for institutional digital asset investment.
Blockchain News

Ledn Bitcoin Bond Makes Stunning History with First-Ever S&P Investment-Grade Rating

February 21, 2026 Jackson Miller

Toronto, Canada – April 2025: The cryptocurrency lending world has reached a definitive turning point. Ledn, a digital asset financial services platform, has made crypto history by closing a groundbreaking $188 million Bitcoin-backed bond that carries the first-ever investment-grade rating from S&P Global for such an instrument. This landmark transaction, which was reportedly oversubscribed by […]

S&P Global's B- Sky Protocol rating indicates risks for the decentralized lending platform and its USDS stablecoin.
Press Release

Sky Protocol Rating: S&P Global Unveils Crucial B- Assessment for Decentralized Lending Platform

August 11, 2025 Sarah Chen

The world of decentralized finance just received a significant traditional finance assessment. S&P Global Ratings recently assigned a B- issuer credit rating to Sky Protocol, a prominent decentralized lending platform. This crucial evaluation offers a new perspective on the platform’s financial standing and its stablecoin, USDS. Indeed, this development signals a growing intersection between established […]