Chainlink Crypto Network Helps Moody’s Test Blockchain Credit Ratings for Tokenized Assets - Blockonomi
Moody’s Ratings and Chainlink have completed a pilot that simultaneously sent credit ratings to multiple blockchain networks.
The two companies announced the results on November 10, 2026, in New York. The pilot ran in a controlled setting and did not involve any real ratings.
The work was done on a testnet, which is a practice version of a blockchain used for trials. No actual rating actions were published onchain during the pilot.
The setup is designed to handle future updates, including rating actions, with governance and lifecycle controls. Any future production version would keep Moody’s Ratings’ existing publication processes in place.
Cross-Chain Data Transfer
The pilot was built around a Moody’s tool called the Token Integration Engine, or TIE. The tool is designed to share credit ratings and related data for tokenized assets and other blockchain-based products.
Using Chainlink’s Cross-Chain Interoperability Protocol, known as CCIP, TIE sent ratings to both permissioned and permissionless blockchains at once. Permissioned networks limit who can take part, while permissionless networks are open to anyone.
The companies said that as more financial assets are issued on blockchains, market participants will need trusted credit information inside those systems. The pilot was set up to test one way of delivering that information.
Moody’s Digital Asset Experience
Moody’s Ratings has more than 125 years of experience in credit ratings and research. The firm has also been reviewing digital assets for nearly a decade.
Between January 2017 and October 2026, Moody’s Ratings rated or assessed more than 70 digital issuances. These included digital bonds and tokenized funds.
Chainlink provides data, cross-chain messaging and blockchain connectivity for financial firms and decentralized apps. Its users include Swift, Euroclear, Mastercard, Fidelity International, UBS, S&P Dow Jones Indices, FTSE Russell, WisdomTree and ANZ.
Chainlink uses a fee model where offchain and onchain revenue from enterprise adoption is converted into LINK tokens. Those tokens are stored in a strategic Chainlink Reserve.
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