Moody’s Pilot With Chainlink Puts Test Ratings on Several Blockchains in One Pass - Yahoo Finance

The pilot used Moody's Token Integration Engine (TIE) to carry data from its normal controls to permissioned and permissionless networks. The test was conducted on a testnet, a practice network where no real value is involved, and Moody's did not publish any real rating action onchain.

Moody's has previously added TIE to networks one at a time, first to the permissioned Canton blockchain in March and then to Solana in June. A single feed that reaches several chains at once would allow a tokenized bond to carry the same Moody's rating wherever it trades.

The companies stated that the pilot relied on representative test data in a controlled setting and that none of Moody's live rating distribution was involved. The release leaves open when a production version might launch, which issuers or instruments the test data stood in for, and which networks received it.

Moody's launched TIE on the permissioned Canton Network in March 2026. In June, the firm brought TIE to the live Solana mainnet through Alphaledger, a platform for tokenized institutional fixed income, allowing issuers to opt to have their ratings written onchain.

The pilot demonstrates the plumbing can work, but a live version would still run through Moody's normal publication process. Future rating changes could travel the same route, but the next step is to determine when and how to move from this controlled test to a production system.