Global credit rating giant Moody’s Ratings and tokenization startup Alphaledger have completed a test run showing that municipal bond credit ratings can be embedded into blockchain-based securities, the companies told CoinDesk. The trial, conducted on the Solana blockchain, showcases how credit ratings—typically distributed through proprietary data terminals—could be integrated into tokenized assets on public blockchains. […]
Bitcoin is trading at $109.7K as the Wednesday trading day begins in Asia, according to CoinDesk market data. While the world’s largest digital asset is trading flat in the early hours of the session, CoinDesk market data shows that it’s up 4% on the week. An expected Bank of Japan rate cut isn’t doing that […]