Moody’s Tests Cross-Chain Credit Ratings With Chainlink

Chainlink and Moody’s Ratings have completed a pilot using Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to distribute credit ratings simultaneously across permissioned and permissionless blockchains via Moody’s Token Integration Engine (TIE).

According to Decrypt, the test ran on a testnet with representative data, meaning no live ratings were published onchain as part of the proof of concept. The system was designed to preserve Moody’s existing publication and governance processes while allowing credit intelligence to travel alongside tokenized assets across multiple blockchain networks.

Expanding Onchain Capabilities

As financial institutions issue more bonds, funds, and other assets as blockchain tokens, the companies noted that investors require credit intelligence to be accessible regardless of the underlying network. Moody’s has previously assessed more than 70 digital issuances, including digital bonds and tokenized funds, between January 2017 and October 2026.

The firm previously launched TIE on the institutional Canton Network before extending it to Solana. Meanwhile, Chainlink has positioned CCIP as a cross-chain interoperability layer for institutional tokenization, reporting tens of billions of dollars in cross-chain value secured during bank and asset manager experiments.

Key facts

• Moody’s Ratings and Chainlink completed a testnet pilot using CCIP.
• The pilot distributed credit ratings via Moody’s Token Integration Engine (TIE).
• The test ran entirely on a testnet using representative test data with no live ratings published onchain.
• Moody’s has assessed over 70 digital issuances between January 2017 and October 2026.