A proof-of-concept demonstrated the feasibility of bringing Moody’s credit rating information into Untangled Finance’s risk oracle infrastructure.

Updated Mar 19, 2025, 5:13 a.m. UTCPublished Mar 19, 2025, 5:12 a.m. UTC

Untangled Finance and Moody’s Ratings have completed a Proof of Concept to move credit ratings on-chain by testing a system to allow for decentralized access to Moody's financial data.

The proof-of-concept, conducted on the Polygon Amoy Testnet, integrated Moody’s Ratings into Credio, Untangled Finance’s risk oracle. Using zero-knowledge proof (ZKP) technology, the system allowed credit ratings to be securely published, updated, and withdrawn on-chain while protecting proprietary information.

“Our oracle solution ensures real-time data visibility and immutability while preserving privacy,” said Manrui Tang, co-founder of Untangled Finance, in a release.

Bringing credit ratings on-chain could make risk assessment more transparent and efficient, allowing DeFi protocols and other blockchain-based applications to integrate real-time credit data without reliance on centralized intermediaries.

This follows Untangled Finance's 2024 move to launch a $6 million private credit pool on Celo, as CoinDesk previously reported, which allowed accredited investors to lend USDC under Luxembourg securitization rules.