Moody's and Alphaledger successfully tested bond rating integration on Solana, promoting the development of the RWA market.

On June 11, 2023, global credit rating giant Moody's (Moody's) completed a test with tokenization startup Alphaledger to embed municipal bond credit ratings on the Solana blockchain. The trial integrated Moody's rating data directly into tokenized securities on-chain via API, providing institutional investors with real-time credible credit information.

The move is expected to boost the tokenization of real-world assets (RWA), with the Boston Consulting Group and Ripple predicting that the market could reach $18.9 trillion by 2033. Moody's said it will continue to explore the use of its ratings in the digital financial ecosystem, and may expand to other fixed income products such as corporate bonds in the future.

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OnchainDetectivevip
· 06-13 03:45
The funding trajectory is worth examining.
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ProposalManiacvip
· 06-13 02:13
This operation needs to succeed.
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TommyTeachervip
· 06-11 16:18
Solana is worth looking forward to.
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