Moody's Assigns First Issuer Rating of B3 to Sky Protocol

Key Facts

Moody's Ratings assigned Sky Protocol a B3 issuer rating with a stable outlook. PR Newswire reported that the assignment follows an assessment of the protocol's creditworthiness and operational structure, marking a significant step in institutional credit assessment for decentralized protocols.

MCO closed at $452.32 on October 6, 2026, with the session seeing a low of $450 and a high of $454.94. The rating assignment follows efforts by the Sky Frontier Foundation to strengthen the protocol's treasury management and grow its reserves framework.