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Forta 🏰
@FortaNetwork
Mission-critical transaction screening infrastructure ensuring compliance and security across 3+ million transactions daily
Joined September 2021
583 Following    48.9K Followers
Congratulations to the @OpenZeppelin team. Over the past 11 years, OZ has played a fundamental role in making crypto safer, more resilient, and ready for adoption by the global financial system. Excited to see what this talented team will do next, now with the scale and reach of S&P Global behind them. 👇
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Today we are announcing that S&P Global has entered an agreement to acquire OpenZeppelin. Onchain finance is growing from an emerging market into core financial infrastructure, and the standards and rails our team and community built are becoming the rails of global finance. OpenZeppelin smart contracts facilitated over $37 trillion in value transferred, with the vast majority of the largest DeFi protocols, blockchain networks, stablecoins and tokenized funds relying on them. With S&P Global, we expect to accelerate the impact of onchain finance, backed by more than a century of trust in global markets, benchmarks, and risk frameworks. To our clients and to all the users of OpenZeppelin open source tools: â€ĸ OpenZeppelin Contracts and all our open source applications and tools remain open source, free, and publicly maintained on GitHub. Building open source standards stays a core priority. â€ĸ Audits, engineering work, and ecosystem programs continue with the same team, brand, quality, and customer experience, with what will be the added benefit of S&P Global's research capacity, market data, and institutional reach. For the last decade, OpenZeppelin has set the security standard for onchain finance. Today begins a new chapter for that mission, together with one of the most trusted names in global markets. Read the full announcement:
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