Metrika, a leading provider of real-time, dynamic risk management solutions for digital assets and blockchain, today announced the successful completion of a Proof-of-Concept (PoC) with S&P Global Ratings, a leading provider of credit ratings, market data, and risk analytics. The collaboration established a comprehensive, real-time risk framework for evaluating tokenized assets across multiple blockchains, with a specific focus on a tokenized money market fund.
This initiative addresses one of the most significant challenges facing financial institutions today: assessing risks in an increasingly fragmented, multi-chain environment as tokenization gains momentum throughout the financial industry.
Nikos Andrikogiannopoulos, CEO of Metrika, stated, “As tokenized assets evolve into multi-chain instruments, financial institutions need real-time risk platforms that provide a holistic view across both the asset and network layers. This PoC with S&P Global Ratings showcases how a structured, data-driven approach to digital asset risk can bring clarity, scalability, and trust to a rapidly growing market segment.”
Key Achievements of the PoC:
- Comprehensive Multi-Chain Monitoring: Implemented real-time monitoring across five EVM and non-EVM blockchain networks, encompassing a multi-layered smart contract architecture that reflects the sophistication of modern tokenized financial instruments.
- Development of Tailored Key Risk Indicators: Created over 100 Key Risk Indicators (KRIs) specific to the structure and activity of the tokenized money market fund, facilitating nuanced risk assessments.
- Integrated Risk Assessments: Established 10 dynamic, live risk assessments to monitor both asset-level and network-level risks, enabling a holistic view of the digital asset ecosystem.
- Customizable Scoring Engine: Demonstrated a flexible scoring mechanism designed to quantify and prioritize risks through an adaptable, KRI-driven framework.
The successful completion of this PoC marks a significant milestone in the evolution of digital asset risk management. As tokenization continues to reshape financial markets, these scalable risk tools will play a crucial role in enabling stakeholders to effectively assess the health and integrity of digital assets, ultimately fostering greater adoption and trust in the ecosystem.
