DefiLlama generated $305M in fees over 90 days, according to a social media post, with commentary suggesting this revenue has already covered acquisition costs.
S&P Global acquired OpenZeppelin, a major security infrastructure provider for blockchain and DeFi protocols that has facilitated over $37 trillion in value transfers. The acquisition signals traditional finance's deeper integration with onchain infrastructure, with OpenZeppelin's open-source tools and standards remaining publicly available while benefiting from S&P's institutional reach and market expertise.
S&P Global has acquired OpenZeppelin, a blockchain security standards firm founded in 2015 that has facilitated $37 trillion in value transfers across DeFi protocols and stablecoins. The deal enables OpenZeppelin's standards to integrate with S&P Global's institutional benchmarks and risk frameworks. Meanwhile, DeFi platforms continue expanding, with Base recording record $5.7B in total value locked and multichain trading becoming more accessible across networks.
S&P Global has agreed to acquire OpenZeppelin, the blockchain security company whose smart contracts have facilitated over $37 trillion in value transfers and underpin major DeFi protocols, stablecoins, and tokenized funds. The acquisition aims to integrate OpenZeppelin's onchain finance standards with S&P Global's institutional market infrastructure and risk frameworks, while maintaining OpenZeppelin's open-source commitment.
S&P Global has agreed to acquire OpenZeppelin, the company behind widely-used smart contract standards that have facilitated over $37 trillion in value transfers. OpenZeppelin's open-source tools will remain free and maintained, while gaining access to S&P Global's market data and institutional reach. Meanwhile, DeFi platforms Zama, Jumper, and Linea announced protocol expansions and institutional partnerships.
Solar Industries, an Indian explosives manufacturer, made an unsolicited all-cash bid of R134.50 per share (R21.8 billion total) for South African fertilizer and explosives company Omnia, representing about 6% of Solar's market cap. The acquisition is strategically motivated by Solar's desire to expand internationally, leverage Omnia's fertilizer expertise, and consolidate its detonator manufacturing capabilities, with the deal expected to result in Omnia's delisting from the JSE in Q2 2027.
Citrini was sold for approximately $30 million to Semianalysis according to Singularity Research, though the acquisition details remain unconfirmed.