Moody's Ratings and Chainlink complete multi-chain credit ratings pilot

The test moved ratings across permissioned and permissionless networks at once in a testnet environment, with no live ratings published onchain.

NEW YORK, November 10, 2026. Moody’s Ratings and Chainlink have completed a pilot that distributed credit ratings across several blockchains at once, Chainlink said in a release.

The pilot tested whether the Moody’s Ratings Token Integration Engine could send ratings to multiple networks simultaneously using Chainlink’s Cross-Chain Interoperability Protocol, or CCIP. It covered both permissioned and permissionless networks while keeping Moody’s existing publication and governance processes in place, according to the release.

The work ran in a testnet environment with representative test data. No actual rating actions were published onchain, and no live ratings were distributed. Moody’s and Chainlink said the model is designed to handle future rating updates, including rating actions, and that a production workflow would keep Moody’s established publication processes.

Moody’s Ratings rated or assessed more than 70 digital issuances, including digital bonds and tokenized funds, between January 2017 and October 2026, the company said.

“The future of tokenized finance is unlikely to reside on a single blockchain, platform, or market infrastructure,” said Fabian Astic, global head of digital economy at Moody’s Ratings. He said investors will increasingly expect access to credit ratings and related information regardless of the technology underlying an asset.

Johann Eid, chief business officer of Chainlink Labs, said credit ratings help institutions decide where to allocate capital and how they price risk. “As more financial assets move onchain, credit intelligence has to move with them, across chains and through every rating change,” he said.

Chainlink describes itself as providing data, cross-chain interoperability and blockchain connectivity.