According to the news on June 11, Moody’s Ratings and Alphaledger have completed a pilot project to embed municipal bond credit ratings into tokenized securities issued on the Solana blockchain. The pilot project submitted Moody’s rating data from the off-chain system to the Solana chain through an API, demonstrating the possibility of providing real-time credit information for RWA assets. Moody’s said it is considering expanding to fixed-income products such as corporate bonds in the future.