Rating agency Moody's and Chainlink have completed a testnet pilot using Chainlink's Cross-Chain Interoperability Protocol (CCIP) to distribute credit ratings simultaneously across permissioned and public blockchain networks. The pilot ran through Moody's Ratings Token Integration Engine (TIE) while preserving existing publication and governance processes, demonstrating technical capability only with no actual rating actions published on-chain. Between January 2017 and October 2026, Moody's has rated or assessed more than 70 digital issuances, including digital bonds and tokenized funds. Earlier this year, the agency deployed TIE on Canton Network and extended it to Solana.