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Defillama’s New Crypto Ratings Put 128 Tokens Under the Lens

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: On Wednesday, the decentralized finance (DeFi) platform Defillama and the Web3 investment bank Forgd announced the launch of Universal Token Ratings, a rating system for digital assets similar to the evaluation framework used by the credit rating agencies Moody’s and Fitch. Universal Token Ratings Bring Wall Street-Style Grades to Crypto Over 100 tokens so far […] Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: New rating system may improve transparency but unlikely to cause immediate market shifts.

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