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Moody's pilots embedding credit ratings on Solana to promote on-chain development of RWA assets.
PANews June 11th news, according to CoinDesk, Moody’s Ratings has completed a pilot in collaboration with Alphaledger, embedding municipal bond credit ratings into tokenized securities issued on the Solana blockchain. The pilot submitted Moody’s rating data from the off-chain system to the on-chain Solana via API, demonstrating the possibility of providing real-time credit information for RWA assets. Moody’s stated that it is considering expanding to corporate bonds and other fixed income products in the future.