Crypto Rating Table

A crypto rating evaluates the ‘credit worthiness’ of a digital asset (usually cryptocurrencies^[1] Wikipedia – “Cryptocurrency” or cryptotokens^[2]Wikipedia – “Crypto tokens” ), mostly issued by a business enterprise. It is an evaluation made by a crypto rating agency of the digital asset likelihood of failure. Crypto ratings are determined by ‘crypto ratings agencies’. Up to now, ‘crypto ratings’ are not congruent to ordinary ‘credit ratings’ which are based on probability of defaults^[3]Wikipedia – “Probability of default”.

Rating Category	Description	Value (pts.)	Wikirating	Baserank	TokenInsight	Weiss Crypto Ratings
Rating Category	Description	Value (pts.)	mid-term	mid-term	mid-term	mid-term
Prime	A cryptoasset has EXTREMELY STRONG capacity to meet its commitments.	95 to 100	AAA	b95	AAA	A+
						A
						A-
High grade	A cryptoasset has VERY STRONG capacity to meet its commitments. It differs from the highest rated assets only in small degree.	90 to less than 95	AA+	b90	AA	B+
		85 to less than 90	AA	b85		B
		80 to less than 85	AA-	b80		B-
Upper Medium grade	A cryptoasset has STRONG capacity to meet its commitments but is somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions than cryptoassets in higher-rated categories.	75 to less than 80	A+	b75	A	C+
		70 to less than 75	A	b70		C+
		65 to less than 70	A-	b65		C
Lower Medium grade	A cryptoasset has ADEQUATE capacity to meet its commitments. However, changing circumstances are more likely to lead to a weakened capacity of the cryptoasset to meet its commitments.	60 to less than 65	BBB+	b60	BBB	C
		55 to less than 60	BBB	b55		C-
		50 to less than 55	BBB-	b50		C-
Non Investmentgrade	A cryptoasset is LESS VULNERABLE in the near term than other lower-rated cryptoassets. However, it faces major ongoing uncertainties and exposure to adverse business, financial, or economic conditions which could lead to the cryptoasset's inadequate capacity to meet its commitments.	45 to less than 50	BB+	b45	BB	D+
		40 to less than 45	BB	b40		D+
		35 to less than 40	BB-	b35		D
Highly Speculative	A cryptoasset is MORE VULNERABLE than the assets rated 'BB', but the cryptoasset currently has the capacity to meet its commitments. Adverse business, financial, or economic conditions will likely impair the asset's capacity or willingness to meet its commitments.	30 to less than 35	B+	b30	B	D
		25 to less than 30	B	b25		D-
		20 to less than 25	B-	b20		D-
Extremely speculative	A cryptoasset is CURRENTLY VULNERABLE, and is dependent upon favourable business, financial, and economic conditions to remain valuable.	15 to less than 20	CCC	b15	CCC	E+
	A cryptoasset is CURRENTLY HIGHLY-VULNERABLE.	10 to less than 15	CC	b10	CC	E
	The cryptoasset is CURRENTLY HIGHLY-VULNERABLE to become worthless.	5 to less than 10	C	b5	C	E-
In default	A cryptoasset has lost all of ist value and is considered to have failed.	0 to less than 5	D	b0	D	F
Not rated	No rating has been requested, or there is insufficient information on which to base a rating.	Not applicable	n.r.	n.r.	n.r.	n.r.
Rating withdrawn	The crypto rating was withdrawn.	Not applicable	r.w.	r.w.	r.w.	r.w.

See also