Moody's is bringing credit ratings on-chain through its integration with Canton Network.

CoinFeed reported on March 18th, citing Cointelegraph, that Moody's has launched its Token Integration Engine (TIE) system, bringing its credit analytics data to a blockchain network, becoming the first credit rating agency to put its credit rating data on-chain. The system connects Moody's traditional rating data with the blockchain network, allowing authorized participants to access credit insights within blockchain-based financial workflows. Initially deployed on the Canton Network, a permissioned blockchain designed for institutional finance, Moody's runs its own nodes on the network and plans to expand the system to more blockchains and asset types. The system is designed to be network-agnostic, with access controlled by the issuer within Moody's existing governance and compliance framework.