According to CoinMeta, S&P Global announced on October 26th the completion of its acquisition of the on-chain security company OpenZeppelin. The two parties plan to jointly develop a new generation of on-chain security assessment and benchmarks. OpenZeppelin was founded in 2015, and its open-source smart contract library OpenZeppelin Contracts supports value transfers exceeding $38 trillion. After the acquisition, OpenZeppelin will operate as an independent business unit, with its founder Demian Brener remaining in charge and reporting to S&P Global's President of Ratings, Yann Le Pallec.