Moody’s Launches Onchain Credit ratings via Canton Network

Moody’s Ratings has introduced the Token Integration Engine (TIE), a system designed to deliver its traditional credit analysis data directly onto blockchain networks, starting with the permissioned Canton Network. This move aims to integrate credit insights into institutional, blockchain-based financial workflows, with issuers controlling participation while Moody’s maintains oversight of the rating process. Moody’s is operating its own node on Canton and plans to expand the system to other blockchains and asset types. This deployment leverages the Canton Network, which is increasingly used for institutional applications like tokenized assets and collateral markets, joining other major players like Franklin Templeton and the DTCC in utilizing the platform for market infrastructure.

(Source：Cointelegraph)