Moody’s moves to put credit ratings on-chain…expanding blockchain for institutional finance

Global credit rating agency Moody’s has begun linking its credit rating data to blockchain, accelerating the on-chain migration of traditional financial information.

According to Cointelegraph on the 18th (local time), Moody’s unveiled a system called the “Token Integration Engine (TIE)” designed to make credit rating data usable across blockchain networks.

The system connects Moody’s existing credit rating data to blockchain-based financial infrastructure so institutional investors can directly use credit information in an on-chain environment. Access rights are controlled by the issuer, while Moody’s retains oversight authority over the rating process.

Moody’s said this is the first case of providing credit rating data on-chain. It previously ran a related pilot project in cooperation with fintech firm Alphaledger in June 2025.

The initial build was implemented on the Canton Network, a permissioned blockchain for institutions. Moody’s operates its own node on the network and plans to expand to various blockchains and asset classes going forward.

The system is designed to be network-agnostic, and access permissions are managed within existing regulatory and compliance frameworks.

Founded in 1909, Moody’s operates in more than 40 countries, assessing the creditworthiness of governments, corporations and financial products, and provides credit rating standards widely used by global capital-market investors.

The rollout also aligns with the Canton Network’s push to expand institutional blockchain infrastructure. Recently, Franklin Templeton expanded its tokenized asset platform “Benji” to the Canton Network, enabling assets such as U.S. Treasury money market funds to be used as collateral and liquidity tools.

In addition, U.S. securities depository DTCC is pursuing plans to issue certain U.S. Treasuries on the Canton Network, while Kinexys, JPMorgan’s digital assets unit, plans to expand “JPM Coin” to the network.