Moody’s pilots cross-chain credit ratings using Chainlink CCIP

The pilot demonstrated how Moody's Ratings Token Integration Engine could support multi-chain distribution of credit ratings as tokenized market infrastructure evolves. Moody’s Ratings has completed a pilot with Chainlink to test how credit ratings could be distributed across multiple blockchain networks simultaneously, using Chainlink’s Cross-Chain Interoperability Protocol (CCIP), the companies said Tuesday. The test showed how the Moody’s Ratings Token Integration Engine could support multi-chain distribution of ratings as tokenized markets mature. According to the companies, the growing use of blockchain infrastructure to issue and distribute financial assets means market participants will need trusted credit information available within those systems. Moody’s Ratings, a credit ratings and research firm with more than 125 years in the business, said it rated or assessed over 70 digital issuances, including digital bonds and tokenized funds, from January 2017 through October 2026. The Token Integration Engine is built to deliver credit ratings and related data for tokenized assets and blockchain environments. Through Chainlink CCIP, the pilot demonstrated that TIE could distribu...