US-based business and financial services company Moody's Corp's (NYSE: MCO) Moody's Ratings business has launched its network-agnostic Token Integration Engine, becoming the first credit rating agency to ingest analytical data and share credit insights on-chain, the company said.

As an inaugural step, it is the first rating agency to operate a node on the Canton Network.

The milestone marks a significant step in Moody's commitment to digital innovation, intending to enable secure, compliant, and efficient ingestion of data and dissemination of ratings enabled by technology built for integration across platforms.

Moody's Ratings' TIE serves as the foundational integration layer, utilizing its node on Canton to enhance transparency and operational efficiency in the digital finance ecosystem.

Participation will be issuer-led, supporting market alignment while preserving the integrity, control, and central role of Moody's Ratings across digitized global capital markets.

The Canton Network was developed to support the privacy and regulatory needs of institutional finance and brings together leading global organizations to synchronize financial data and processes across a decentralized infrastructure.

Moody's Ratings' TIE plans to expand coverage across other digital finance networks, lines of business and instrument types as adoption grows.

In a world shaped by increasingly interconnected risks, Moody's (NYSE: MCO) data, insights, and innovative technologies help customers develop a holistic view of their world and unlock opportunities.