Moody’s Brings Credit Ratings Onchain with Canton Network Integration

New York – Moody’s Ratings has launched the Token Integration Engine™ (TIE), a network-agnostic system designed to bring its credit analysis to blockchain-based financial infrastructure. This marks the first time a credit rating agency has ingested analytical data and shared credit insights on-chain . As an initial step, Moody’s is operating a node on the Canton Network .

Bridging Traditional Finance and Blockchain Technology

The Token Integration Engine (TIE) connects Moody’s ratings data to blockchain networks, enabling permissioned participants to access credit insights within blockchain-based financial workflows. Issuers will control participation, while Moody’s maintains oversight of its ratings process . This move represents an early effort to embed traditional risk assessment into the rapidly evolving landscape of decentralized finance.

Pilot Program and Canton Network Integration

Prior to the launch of TIE, Moody’s collaborated with fintech startup Alphaledger in June 2025, conducting a pilot program to explore the integration of traditional credit ratings into blockchain systems . The initial deployment is running on the Canton Network, a permissioned blockchain specifically designed for institutional finance, known for its privacy and regulatory compliance features.

Network Agnostic Design and Future Expansion

Moody’s emphasizes that the TIE is designed to be network-agnostic, with access controlled by issuers under the company’s existing governance and compliance framework. The company plans to expand the system’s coverage to include additional blockchains and asset types as adoption grows .

Statements from Moody’s and Digital Asset

Fabian Astic, Managing Director and Global Head of the Digital Economy at Moody’s Ratings, stated that as financial markets become increasingly digitalized, the necessitate for independent and reliable risk analysis remains constant. Moody’s Ratings aims to extend this rigor to digital market infrastructures, aligning with global regulatory expectations .

Yuval Rooz, CEO of Digital Asset and co-founder of the Canton Network, highlighted that the integration of independent risk analysis on blockchain streamlines distribution to authorized parties, reduces friction, and improves transparency throughout the transaction lifecycle, all while maintaining privacy, control, and compliance .

About Moody’s Corporation

Founded in 1909 and operating in over 40 countries, Moody’s Corporation assesses the creditworthiness of governments, companies, and financial instruments. With approximately 16,000 employees, Moody’s provides clients with global insights to navigate interconnected risks and capitalize on opportunities .