Moody’s Ratings, the credit ratings arm of Moody’s Corp, has launched a blockchain-compatible tool to distribute credit insights on-chain and has become the first rating agency to operate a node on the Canton Network, as it pushes deeper into digital finance infrastructure.
The tool, known as the Token Integration Engine (TIE), will allow Moody’s Ratings to receive analytical data and make credit insights available through blockchain-based channels, marking an initial step toward supporting the use of ratings in tokenized markets.
Fabian Astic, managing director and global head of digital economy at Moody’s Ratings, said the company is applying its existing credit standards to new forms of market infrastructure. He said independent risk analysis remains essential as markets evolve and added that Moody’s approach would remain aligned with regulatory expectations as well as its own governance and transparency practices.
A New Channel for Credit Insight
The move reflects a broader push across financial markets to bring traditional services into digital networks built for faster and more automated transactions. For Moody’s, it also creates another path for delivering credit analysis to clients operating in emerging on-chain environments.
Moody’s said the integration layer is designed to improve the way data is shared and used in digital workflows. Its participation on Canton will be issuer-led, the company added, an approach intended to support adoption while keeping Moody’s in control of its ratings process.
The company noted that it plans to expand the tool to other digital finance networks, business areas, and instrument types as adoption grows.
Yuval Rooz, chief executive of Digital Asset and co-founder of the Canton Network, said the setup would give Moody’s customers a way to access credit insights directly within digital market activity. He said that could streamline distribution, reduce friction, and improve transparency for approved participants.
Canton Gains Ground in Regulated Markets
The announcement comes as the Canton Network deepens its presence across established financial infrastructure and public-sector bond markets.
Euroclear and Digital Asset said in February 2025 they had begun the first phase of a project using the Canton Network to improve the mobility of collateral assets, while DTCC said in December 2025 that it was partnering with Digital Asset to enable the tokenization of a subset of DTC-custodied U.S. Treasury securities on the network.
Canton has also been linked to digital bond activity involving public-sector names, with the Hong Kong Monetary Authority (HKMA) listed in the Canton ecosystem as a foundation member using Canton-linked applications, including HSBC Orion, the platform used by Hong Kong’s government for its November 2025 digital green bond issuance.
The European Investment Bank is also listed in the Canton ecosystem as having issued digitally native bonds through GS DAP and HSBC Orion, underscoring how the network is increasingly being used in projects that connect regulated institutions, tokenized assets, and market infrastructure.
