Moody’s Ratings conducted a pilot with Chainlink to distribute credit ratings simultaneously across multiple blockchain networks using Chainlink’s Cross-Chain Interoperability Protocol, CCIP. The test took place on a test network and demonstrated that Moody’s Token Integration Engine could deliver ratings to permissioned and permissionless networks without changing its existing publication and governance procedures. Moody’s said it had rated or assessed more than 70 digital issuances, including digital bonds and tokenized funds, from January 2017 through October 2026. The tested model is also designed to support future updates, including rating actions, under appropriate governance and lifecycle controls.
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