机构级加密资产配置高度依赖少数几家专业公司，这些机构负责提供评级、风险评分及基准利率等关键数据，成为资本决策背后的核心评估层。
“最佳数字资产评级与分析服务供应商”是 BeInCrypto Institutional 100 年度研究型评选中的重要奖项之一。该评选涵盖 26 个细分领域，围绕六大核心支柱，旨在表彰机构级数字资产领域的卓越表现。
本奖项隶属于“支柱二：资本市场与基础设施”板块。以下是该奖项的 15 家初步入围企业名单。最终候选名单将于 2026 年 5 月公布，大奖得主将在 2026 年 6 月 2 日至 3 日于巴黎举办的 Proof of Talk 峰会上揭晓。
- 初选名单：共计 15 家企业，覆盖主流信用评级机构、专业基准与稳定币评级方、具备风险评分能力的区块链情报公司、DeFi 风险管理与信贷评级商，以及安全-评级混合型服务商。
- 候选筛选过程：首轮纳入 30 余家机构级数字资产评级及分析公司，15 家企业晋级初选名单，另有 5 家列入进一步沟通池。
- 评分权重（C 赛道）：编辑部量化评审 20%，专家委员会评分 80%。
- 评审标准：覆盖范围与规模、方法论严谨性、机构采用度、合规性、链上集成情况、历史业绩及市场影响力。
- 信息来源：涵盖监管机构备案（如 SEC NRSRO 注册、ESMA CRA 注册、欧盟 BMR 注册表、IOSCO 合规声明）、机构自有方法论、预言机集成披露、审计财报，以及 PitchBook、Tracxn、Crunchbase 等私募市场平台数据，并辅以主流财经媒体报道。
| # | Firm | Sub-Segment | HQ | Scale Signal | Core Ratings Product | Representative Work |
|---|---|---|---|---|---|---|
| 1 | Moody’s Ratings | TradFi CRA | New York / London | NRSRO and ESMA registered 20+ stablecoins covered | Stablecoin ratings, DAM, DIRA | Stablecoin methodology launched (2026) Canton Network node enables on-chain access |
| 2 | S&P Global Ratings | TradFi CRA | New York | NRSRO and ESMA registered 10 stablecoins on SSA scale | Stablecoin assessments, indices | Chainlink DataLink integration (2025) On-chain ratings via Base network |
| 3 | Fitch Ratings | TradFi CRA | New York / London | NRSRO registered Active digital asset research | Credit research, stablecoin risk | Institutional risk coverage across crypto exposure Referenced in DeFi lending analysis |
| 4 | Chainalysis | Blockchain Intelligence | New York | $8.6B valuation 1,500+ institutional clients | KYT risk scoring, investigations | Industry benchmark for transaction risk scoring Integration with on-chain compliance systems |
| 5 | TRM Labs | Blockchain Intelligence | San Francisco | $1B valuation (2026) $300M+ assets frozen | Risk scoring, transaction monitoring | Dynamic risk scoring engine T3 Financial Crimes Unit partnership |
| 6 | Elliptic | Blockchain Intelligence | London | 1,100+ networks tracked 2B+ labeled addresses | Risk analytics, screening tools | Stablecoin issuer due diligence framework Cross-chain analytics coverage |
| 7 | Kaiko | Benchmark Administrator | Paris | EU BMR registered Clients include CBOE, Gemini | Reference rates, indices | Regulated crypto benchmark rates On-chain rate publishing via oracles |
| 8 | Bluechip | Stablecoin Rater | United States | SMIDGE rating framework A+ to F scale | Stablecoin safety ratings | Independent stablecoin grading system Public ratings across major issuers |
| 9 | Particula | Tokenization Rater | Berlin | 200+ risk assessments On-chain scoring across networks | Digital Asset Risk Passport | PDARP launched (2026) Programmable on-chain risk scores |
| 10 | Gauntlet | DeFi Risk Manager | New York | $1B valuation Compound engagement through 2026 | Risk modeling, parameter tuning | DeFi risk parameter frameworks Institutional yield strategy curation |
| 11 | Chaos Labs | DeFi Risk Manager | US / Israel | Multi-protocol coverage Aave engagement ended 2026 | Risk-aware oracle systems | Chaos Oracles risk-aware feeds Protocol-level risk simulations |
| 12 | LlamaRisk | DeFi Risk Manager | Decentralized | Aave primary risk provider Ethena committee member | Risk assessments, NAV oracle | LlamaGuard NAV for RWAs Expanded Aave risk coverage |
| 13 | Credora (RedStone) | DeFi Credit Rater | Global | Live on Morpho, Spark Oracle-integrated ratings | Credit scoring, risk analytics | Default-probability rating system Integrated oracle + rating infrastructure |
| 14 | Exponential.fi | DeFi Rating Platform | United States | A–F rating framework Published methodology | Pool-level risk ratings | DeFi pool risk scoring model Composability-based risk framework |
| 15 | CertiK | Security + Ratings | New York | 5,500+ audits completed $300B+ assets secured | Skynet Score, audits, monitoring | Real-time project risk scoring Cross-chain evaluation system |
榜单说明
BeInCrypto 机构级 100 强——评级与分析（2026 年长期榜单）覆盖了核心业务聚焦于评估的数据机构：包括评级、风险评分、基准利率、信用评定等，为机构在数字资产配置过程中提供决策参考。
评选方法
本行业榜单采用 BIC 100 评选体系的 Track C 路线进行评估：定量指标占 20%，专家委员会打分占 80%。
评选围绕以下六大维度展开：覆盖范围与规模、方法论严谨性、机构采纳度、合规性、链上集成情况以及市场影响力。
相关数据通过监管部门登记资料、企业自有方法论及 PitchBook、Tracxn 等主流私募市场数据库进行交叉验证。所有数据均以发布时间的最新公开信息为准。
