Moody’s Ratings has launched a system to publish its credit analysis on blockchain infrastructure, bringing its ratings into permissioned onchain finance workflows.
Called the Token Integration Engine (TIE), the platform links Moody’s ratings data to blockchain networks so authorized participants can access credit insights natively within tokenized financial processes. Built for institutional use, TIE lets issuers control who sees ratings while Moody’s maintains oversight of its analytic and governance processes.
Moody’s says it is the first credit-rating agency to deliver independent credit analysis onchain. The move follows a June 2025 pilot with fintech Alphaledger that explored integrating traditional credit ratings into blockchain systems.
The initial rollout operates on the Canton Network, a permissioned blockchain aimed at institutional finance. Moody’s is running its own node on Canton and plans to extend TIE to additional blockchains and asset types. The system is designed to be network-agnostic and to enforce access under issuers’ existing compliance and governance frameworks.
Moody’s, founded in 1909 and active in more than 40 countries, assesses creditworthiness for governments, corporations and financial instruments; its ratings are widely used across global capital markets.
Canton Network momentum
Moody’s deployment adds to Canton’s growing role as infrastructure for institutional blockchain use, especially in tokenized assets and collateral markets. Asset managers are moving tokenized funds onto Canton—Franklin Templeton expanded its Benji tokenization platform to Canton, enabling tokenized money market assets to serve as collateral and liquidity within the network.
Market infrastructure and settlement efforts are also advancing. The Depository Trust & Clearing Corporation (DTCC) announced plans to issue a subset of U.S. Treasury securities on Canton, integrating blockchain processes into core clearing and settlement systems with potential expansion to other asset classes.
Banks and digital-asset firms are building on Canton as well. Digital Asset and Kinexys by JPMorgan announced plans to bring JPM Coin to Canton, while Temple Digital Group launched a 24/7 institutional trading platform using a central limit order book with non-custodial settlement.
Canton’s native token has appreciated since launch; CoinGecko data shows Canton Coin rose roughly 30% following its November 2025 debut.
This launch highlights a broader institutional push to combine traditional credit infrastructure with permissioned blockchain networks, aiming to embed trusted credit signals directly into tokenized finance workflows while preserving issuer control and established governance.