Overview of Transaction

• S&P Global (NYSE: SPGI) has entered an agreement to acquire OpenZeppelin, the security standard for onchain finance
• Since 2015, OpenZeppelin has set the security standards and secured the infrastructure onchain finance is built on: $37 trillion in value transferred through OpenZeppelin Contracts, more than 900 security engagements, and 10,000+ vulnerabilities surfaced before production
• S&P Global (NYSE: SPGI) enables businesses, governments, and individuals with trusted data, expertise and technology to make decisions with conviction. S&P is advancing Essential Intelligence through world-leading benchmarks, data, and insights that customers need in order to plan confidently, act decisively and thrive in a rapidly changing global landscape

Significance of Transaction

• The agreement brings together the security foundation of onchain finance and one of the most trusted names in global capital markets, just as onchain finance grows from an emerging market into core financial infrastructure
• The transaction marks a further step in S&P Global’s expansion into digital assets by furthering S&P Global’s digital assets risk assessment and ecosystem development capabilities
• S&P Global's trusted brand, deep institutional relationships and global distribution provide OpenZeppelin with a powerful platform from which to distribute its gold standard blockchain security offering and accelerate its reach into traditional finance

FT Partners' Role

• FT Partners served as the exclusive financial and strategic advisor to OpenZeppelin in this transaction
• This transaction underscores FT Partners’ deep domain expertise across digital assets and onchain finance