Moody’s and Chainlink test ratings delivery across blockchains

The Nov. 10 announcement said Moody’s connected its Ratings Token Integration Engine (TIE) to Chainlink’s Cross-Chain Interoperability Protocol (CCIP). The trial examined whether TIE could distribute information across permissioned and permissionless networks while retaining the governance and publication procedures behind Moody’s ratings. No production launch date was announced.

Moody’s said TIE is designed to distribute ratings and related information for tokenized assets and blockchain environments. Its delivery model can support future updates, including rating actions, with controls over how information is managed. The announcement described a technical distribution test, not a change to how Moody’s reaches its credit opinions.

Fabian Astic, Moody’s global head of digital economy, said investors would increasingly expect ratings to be available regardless of the technology supporting an asset. “The future of tokenized finance is unlikely to reside on a single blockchain, platform, or market infrastructure,” he said. Astic said the pilot explored how interoperability could broaden access while preserving the processes that support confidence in Moody’s analysis. The agency said it rated or assessed more than 70 digital issuances from January 2017 through October 2026, including digital bonds and tokenized funds.

TIE was previously introduced on Canton, where Moody’s began operating a node, and extended to Solana through Alphaledger. In June, Moody’s said issuers of fixed-income securities tokenized on Alphaledger could choose to have ratings pushed directly to the public blockchain. The engine was designed to work across networks, with Moody’s saying it planned to expand coverage as adoption grew. The Solana work followed a June 2025 municipal-bond proof of concept that simulated connecting offchain information to a security token on Solana.

Chainlink Labs chief business officer Johann Eid said credit information would need to move across chains as financial assets shift onchain, including through rating changes. The companies did not name the networks or issuers involved in the latest trial.