Moody’s Ratings and Chainlink have completed a pilot program demonstrating the distribution of credit ratings across multiple blockchains simultaneously. The test utilized Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to transmit sample data to both permissioned and permissionless networks.
The project functions as a proof of concept conducted on a testnet, meaning no live ratings were published on-chain. This initiative aims to address the fragmentation in institutional finance, where banks often utilize private networks while decentralized finance applications operate on public chains.
Moody’s previously launched its Token Integration Engine on the Canton Network in March 2026. Chainlink continues to expand its institutional presence, with CCIP currently securing over $84 billion in cross-chain token value and featuring security upgrades introduced in the CCIP 2.0 release.
Other market participants are also exploring similar integrations. S&P Global Ratings expanded its collaboration with Chainlink in October 2026 to bring Vault Risk Assessments on-chain, targeting a lending vault market that held approximately $10 billion in deposits as of September 2026.
