
Sébastien Derivaux|Aug 08, 2025 12:22
A major rating agency was able to rate a DAO that doesn't exist as a legal entity.
Let that sink in.
It's a journey, I'm glad we achieved this first step (wasn't convinced we could).
The rating is B-, which is low, but still great regarding the novelty of the whole thing. Lack of regulatory clarity is hurting, which is not really rating the protocol but regulators.(Sébastien Derivaux)
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