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

PANews reported on March 18 that, according to Cointelegraph, Moody's has launched the Token Integration Engine (TIE) system, bringing its credit analytics data to the blockchain network, becoming the first credit rating agency to put its credit rating data on the blockchain.

This system connects Moody's traditional rating data with a 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. Founded in 1909, Moody's operates in more than 40 countries, and its ratings are widely used by investors in global capital markets.