Holpop News

Compound Treasury received a B rating from S&P, making it one of the first decentralized finance offerings to be rated by a major rating agency.
Credit ratings give investors an idea of the extent to which corporations or governments issuing debt will meet their obligations on time.
Ratings range from worst – D to best – AAA.
Compound Treasury said they plan to upgrade their credit rating as part of ongoing discussions with S&P.
According to S&P Global’s Web site, a B grade is given to average institutions that are vulnerable to economic conditions but the ability to meet financial obligations.
Countries with a B- credit rating include Angola, Belize and El Salvador.
Robert Leshner of Compound said the rating represents “a watershed moment for the industry and signals that DeFi is not inferior to traditional financial markets and is ready for institutional capital.”