Moody’s Taps Chainlink to Send Credit Ratings Across Multiple Blockchains

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According to reporting by Decrypt Financial Technology, The testnet pilot used Chainlink’s CCIP to distribute Moody’s ratings simultaneously across permissioned and permissionless blockchains, while preserving the firm’s existing publication and governance processes.

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Chainlink and Moody’s Ratings have completed a pilot showing how credit ratings could be beamed across multiple blockchains at once, another sign that the traditional machinery of finance is steadily moving onchain.

Announced Tuesday, the test used Chainlink’s Cross-Chain Interoperability Protocol , or CCIP, to distribute Moody’s ratings simultaneously across both permissioned and permissionless blockchain networks.

It ran through the Moody’s Ratings Token Integration Engine, or TIE, the system the 125-year-old ratings giant built to disseminate credit assessments and related data within blockchain environments. The pilot, the companies said, preserved Moody’s existing publication and governance processes while proving the ratings could travel across chains through a single interoperable layer.

The logic is straightforward: as more bonds, funds, and other assets are issued as blockchain tokens, the investors trading them will expect the credit intelligence they rely on to be available wherever those assets live, rather than stopping at any one network’s edge.

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Information in this article was compiled directly from records provided by Decrypt Financial Technology. Access the primary source document at: https://decrypt.co/382888/moodys-chainlink-credit-ratings-across-multiple-blockchains. Reporting and editorial review conducted by the USA NOW News Desk.