Moody's and Chainlink Complete Testnet Pilot to Distribute Credit Ratings Cross-Chain

November 10 — According to Decrypt, rating agency Moody's and Chainlink have completed a testnet pilot that uses Chainlink's Cross-Chain Interoperability Protocol (CCIP) to distribute Moody's credit ratings to both permissioned and public blockchain networks simultaneously. The pilot ran through Moody's Ratings Token Integration Engine (TIE) and preserved Moody's existing publication and governance processes. It was conducted entirely on testnet using representative test data, with no actual rating actions published on-chain, demonstrating technical capability only rather than a formal product. It is reported that between January 2017 and October 2026, Moody's has rated or assessed more than 70 digital issuances, including digital bonds and tokenized funds; earlier this year, Moody's deployed TIE on Canton Network and extended it to Solana.