Chainlink (LINK) and Moody’s Ratings have accomplished a pilot distributing credit ratings throughout a number of blockchain networks.
The trial used Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to attach permissioned and permissionless blockchain networks.
“Credit ratings assist establishments resolve the place to allocate capital and how they worth danger,” Chainlink Labs Chief Enterprise Officer Johann Eid stated in a press release.
Moody’s Token Integration Engine (TIE) enabled simultaneous distribution of credit ratings throughout collaborating blockchain networks.
The pilot examined whether or not credit data might attain tokenised monetary markets whereas preserving present publication and governance processes.
Moody’s Ratings had assessed greater than 70 digital issuances between January 2017 and October 2026, together with digital bonds and tokenised funds.
The trial ran on testnets utilizing consultant information, with out publishing precise credit ratings or activating reside distribution processes.
Following the replace, LINK was buying and selling down 2.6% at $10.36.
