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S&P Global Ratings launches Vault assessment for digital asset markets

S&P Global Ratings has launched Vault Risk Assessment for digital asset markets. What this risk assessment is and what not to expect from it.

Financial graphics for a story about S&P Global’s Vault assessment

At a glance

  • S&P Global Ratings has launched Vault Risk Assessment for digital asset markets
  • It’s a risk assessment, not a recommendation to buy or sell crypto
  • It doesn’t protect against volatility, hacks or user error

S&P Global Ratings has announced the launch of Vault Risk Assessment for digital asset markets. The new tool is about assessing risk, not recommending that you buy or sell a particular cryptocurrency.

The crypto market is increasingly using the infrastructure of traditional finance: custodians, funds, tokenized assets and venues for institutional players. They need clear ways to assess counterparty and technology infrastructure risk.

Why risk assessment has become a separate service

  • an assessment isn’t investment advice;
  • it doesn’t remove volatility risk;
  • the methodology doesn’t protect against hacks or user error;
  • investors still need to study the product’s terms.

Tools like this show that major analytics firms see digital assets as a permanent part of the financial infrastructure. But a rating or assessment is just one source of information, not a guarantee that your money is safe.

FAQ

Is this a crypto rating?

No. It’s a risk assessment related to the digital asset market.

Does such an assessment reduce the risk of losses?

No. It doesn’t eliminate market, technology or operational risks.

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Author

Vasyl Vasyliev

Has been working on AppMaxx since 2019, writing reviews of smartphones, laptops and other gadgets, game and movie roundups, and how-tos on Windows and apps.

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