Key facts
- Chainlink and Moody's Ratings completed a pilot distributing credit ratings across multiple blockchains.
- The test used Chainlink's Cross-Chain Interoperability Protocol and Moody's Token Integration Engine.
- The pilot ran on a testnet with representative data; no live ratings were published onchain.
- Moody's rated or assessed more than 70 digital issuances between January 2017 and October 2026.
- Moody's launched its Token Integration Engine on the Canton Network earlier in 2026 before extending it to Solana.
Chainlink and Moody's Ratings have completed a pilot showing how credit ratings could be distributed across multiple blockchains at once, the companies said in an announcement reported by Decrypt on November 10, 2026. The test used Chainlink's Cross-Chain Interoperability Protocol, or CCIP, to send Moody's ratings simultaneously across permissioned and permissionless networks.
The pilot ran through Moody's Ratings Token Integration Engine, or TIE, the system the ratings firm built to disseminate credit assessments and related data within blockchain environments. The companies said the test preserved Moody's existing publication and governance processes while showing ratings could travel across chains through a single interoperable layer.
The pilot ran entirely on a testnet using representative test data, with no actual rating actions published onchain and no live dissemination. The companies said the model is designed to accommodate future rating updates under appropriate governance.
Moody's has rated or assessed more than 70 digital issuances, including digital bonds and tokenized funds, between January 2017 and October 2026. Earlier in 2026 the firm launched TIE on the institutional Canton Network before extending it to Solana.
Johann Eid, chief business officer at Chainlink Labs, said: "As more financial assets move onchain, credit intelligence has to move with them, across chains and through every rating change." Fabian Astic, Moody's global head of digital economy, said "the future of tokenized finance is unlikely to reside on a single blockchain, platform, or market infrastructure."