ChainCatcher reported on 10 November 2026 at 22:06 (UTC+8), citing Decrypt, that Chainlink and Moody’s Ratings had completed a pilot on sending credit ratings to more than one blockchain at the same time. The test was announced that Tuesday.
How the rating message moved
The route in the report is a data handoff, not an asset bridge. The pilot ran through Moody’s Ratings token integration engine, TIE, which the agency built to carry credit assessments and related data into blockchain environments. ChainCatcher describes Moody’s as a rating agency with a 125-year history.
Chainlink’s cross-chain interoperability protocol, CCIP, was the single interoperability layer used to distribute those ratings at the same time to permissioned networks and to permissionless networks. Moody’s and Chainlink said the test kept Moody’s existing publication and governance process in place and showed that a rating can move across chains through that one layer.
The account does not name the individual destination chains in the pilot. It also does not describe anything being locked, burned, or minted. What moved, on the terms given, was rating information.
What the test did not put on-chain
The pilot ran entirely on testnets and used representative test data. No actual rating action was published on-chain. ChainCatcher presents the work as a proof of concept, not a live product.
That is the trust boundary stated in the report. CCIP carried the test messages. Moody’s publication and governance stayed the source of how a rating is issued. The write-up does not call the connection trustless, and it does not describe a production cross-chain rating feed.
Where TIE had already been placed
Before this pilot, Moody’s had already brought TIE online on the institutional-grade Canton Network and later extended it to Solana. Those earlier deployments are separate from the testnet CCIP demonstration.
From January 2017 through October 2026, Moody’s had rated or assessed more than 70 digital issuances, including digital bonds and tokenized funds.
What the two organizations said
Johann Eid, chief business officer of Chainlink Labs, said that as more financial assets come on-chain, credit intelligence must move across chains with them and through every rating change.
Fabian Astic, Moody’s global head of digital economy, said the future of tokenized finance is unlikely to exist on only a single blockchain, platform, or market infrastructure.
Those statements are the organizations’ view of why ratings would need to travel with tokenized assets. They are not evidence that this pilot placed live Moody’s ratings on public chains.
Original report: ChainCatcher, 10 November 2026, 22:06 (UTC+8), citing Decrypt.
