Moody's launches Token Integration Engine to put credit rating data on-chain, first deployed on Canton Network

Techub News reports, according to Cointelegraph, Moody's Ratings has launched the Token Integration Engine (TIE) system, introducing its credit analysis data onto blockchain networks, becoming the first credit rating agency to put credit rating data on-chain. This system connects Moody's traditional rating data with blockchain networks, 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, where Moody's operates its own node, with plans to expand to more blockchains and asset types. The system is designed to be network-agnostic, with access controlled by issuers under Moody's existing governance and compliance frameworks. Founded in 1909, Moody's operates in over 40 countries, and its ratings are widely used by investors in global capital markets.