Moody’s and Chainlink Test Cross-Chain Credit Ratings

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By José Oramas November 11, 2026 In Chainlink, Moody's Ratings

Moody’s Ratings and Chainlink completed a pilot that sent ratings from Moody’s Token Integration Engine to several blockchains at once through Chainlink’s CCIP.
The test ran on testnet in a controlled environment, and no actual rating actions were published on-chain.
Moody’s has rated or assessed more than 70 digital issuances since January 2017 and connected its rating engine to the Canton Network and Solana this year.

Moody’s Ratings and Chainlink have completed a pilot that sent sample credit ratings to several blockchains at the same time, the companies announced on 10 November.

The test pushed data from Moody’s Token Integration Engine (TIE) through Chainlink’s Cross-Chain Interoperability Protocol (CCIP). It reached permissioned and permissionless networks in a single distribution. That distribution kept Moody’s existing publication and governance processes in place.

The companies said the delivery model is built to carry later updates, including rating actions, under governance and lifecycle controls.

From Canton to Solana

Moody’s launched its rating engine on the Canton Network, a permissioned blockchain for institutional finance, in March. It describes itself as the first credit rating agency able to deliver ratings on an institutional-grade blockchain.

In June, the engine went live on Solana’s mainnet through Alphaledger, a tokenisation platform for institutional fixed income, and issuers that tokenise bonds on Alphaledger can opt to have their Moody’s ratings pushed onto Solana. That launch followed a proof of concept Moody’s ran on Solana’s devnet a year earlier.

Moody’s built TIE to work on any network and said at the time it plans to bring it to more networks, business lines and instrument types.

Moody’s rated or assessed more than 70 digital issuances between January 2017 and October 2026. Those include digital bonds and tokenised funds.

In May, Fidelity International’s tokenised FILQ fund received a AAA-mf assessment from Moody’s. Chainlink was named to deliver that fund’s net asset value and distribution data on-chain.

Chainlink lists Australia’s ANZ alongside Swift, Euroclear, Mastercard and UBS among the financial institutions that have adopted its standards and infrastructure.