Moody’s Ratings Extends Credit Ratings to Solana, Advancing Tokenized Assets

CoinFeed June 18 news, according to CoinDesk, Moody’s Ratings has extended its credit rating system to Solana through a partnership with Alphaledger, allowing issuers of tokenized bonds and fixed-income securities to embed Moody’s ratings directly into on-chain assets. Previously, Moody’s Token Integration Engine was first deployed on the Canton Network earlier this year, and this expansion to Solana builds on a pilot project completed last year that demonstrated municipal bond ratings could be directly attached to tokenized securities on Solana.