Moody’s Rolls Out Credit Ratings on Solana in a Push to Bring Trusted Financial Data Onchain - Unchained

Moody’s Ratings is rolling out its credit ratings to Solana, allowing issuers of tokenized bonds and other fixed-income securities to embed the firm’s assessments directly into blockchain-based assets.

The move, announced Wednesday in partnership with Solana-focused tokenization specialist Alphaledger, expands Moody’s Token Integration Engine (TIE) to a major public blockchain after its first deployment earlier this year on the institutional-focused Canton Network. It builds on a pilot completed last year that demonstrated how municipal-bond ratings could be attached directly to tokenized securities on Solana.

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The rollout addresses one of the central obstacles to tokenization: bringing the trusted data infrastructure that surrounds traditional assets, including ownership records, pricing, compliance information, and credit ratings, onto blockchain rails. For bond investors, ratings are a key tool for gauging credit risk, and embedding them directly into tokenized securities could let investors and applications access independent assessments without relying on separate databases or terminals. “Investors need independent credit analysis wherever they transact, and increasingly, that’s onchain,” said Rajeev Bamra, head of digital economy strategy at Moody’s Ratings.

The initiative reinforces Solana’s drive to become a hub for tokenized assets and institutional finance, a market that Boston Consulting Group and Ripple estimate could reach $18.9 trillion by 2033. Asset managers, including BlackRock, Franklin Templeton, and Apollo, have launched tokenized funds and credit products, and the surrounding infrastructure is increasingly moving onchain.

Solana has drawn a string of institutional projects: payments firm Western Union launched a US dollar stablecoin on the network for low-cost remittances, and R3, a UK-based blockchain developer whose ecosystem includes HSBC, Bank of America, the Bank of Italy, and the Monetary Authority of Singapore, partnered with the Solana Foundation to bring tokenized real-world assets from its Corda platform onto the network.

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