In the industry, S&P Compound Prime Junk Credit Rating gives
The DEFI protocol is the first to have a credit rating from S&P Global Ratings Low capital base, increasing official review and return obligations were areas that worried credit reviewers the first institutional defi company rated by S&P Global received the grade B or junk. S&P Global Ratings has given Compound Prime a long-term credit rating from B-. It is the first time that an institutional defi offer (decentralized financing) was assessed by the agency, Compound Prime, a subsidiary of Compound Labs, has a stable outlook, but rating issuers called uncertain regulatory conditions in relation to stable coins and the currently "very low" capital base of Compound Treasury-and ...
In the industry, S&P Compound Prime Junk Credit Rating gives
- The Defi protocol is the first to receive a credit rating from S&P Global Ratings
- Low capital base, increasing official review and return obligations were areas that were concerned with creditors
The first institutional defi company rated by S&P Global received the grade of B- or junk.
S&P Global Ratings has granted Compound Prime a long-term credit rating from B-. It is the first time that an institutional defi offer (decentralized financing) was assessed by the agency,
Compound Prime, a subsidiary of Compound Labs, has a stable view, but rating emitters mentioned uncertain regulatory conditions in relation to stable coins and the currently "very low" capital base of Compound Treasury-as well as its 4-percent yield obligation-as concerns.
Compound Prime supervises Compound Treasury, the company's security offer, which converts the US dollar into StableCoin USDC and accredited investors, according to Reid Cuming, General Manager of Compound Treasury.
The Treasury offer was first announced in June 2021.
A B-rating, a junk rating six levels under investment, means that the company is more vulnerable to unfavorable financial conditions, even though it is "currently capacity to comply with financial obligations," said S&P Global Ratings in his