Data analytics firm Moody’s (NYSE: $MCO) says that it has become the first credit rating agency to bring independent credit analysis and risk insights directly to the blockchain.
Moody’s confirmed on Tuesday that its operating a node on the Canton Network, a decentralized infrastructure designed specifically for institutional finance, through its token integration engine.
The New York based company said it aims to provide the same level of transparency and governance found in traditional debt markets.
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“As financial markets digitize, the need for independent, trusted risk analysis and credit insights does not change,” said Fabian Astic, Managing Director and Global Head of Digital Economy at Moody’s Ratings. “Moody’s Ratings is extending that rigor to digital market infrastructure consistent with global regulatory expectations and our governance, transparency, and compliance practices.”
The Token Integration Engine serves as a foundational layer that allows Moody’s to ingest analytical data from on-chain assets and share its credit opinions in real-time.
Yuval Rooz, CEO of Digital Asset and co-founder of the Canton Network, noted that the integration provides a verifiable chain of trust for participants. “On-chain independent risk analysis streamlines distribution to permissioned parties, reduces friction, and improves transparency across the transaction lifecycle which strengthens market efficiency while preserving privacy, control, and compliance,” Rooz added.
Moody’s said it plans to expand its coverage to other digital finance networks and asset classes, including stablecoins and tokenized private funds as institutional adoption of blockchain technology continues to scale globally.
Shares of Moody’s are trading at $441.03, down from a 52 week high of $546.88.
