Alphaledger

Alphaledger is a tokenisation platform for municipal and fixed income assets that moves bond issuance, registration and coupon servicing onchain for issuers, underwriters and institutional buyers. It addresses municipal debt registers spread across multiple custodians and registrars, with ratings and coupon data reconciled by hand across systems. Each issuance gets its own contract instance, and coupon dates fire from the schedule encoded in it.

The platform represents positions as security tokens, writing issuance terms, coupon schedules and rating fields into token metadata with transfers limited to allowlists. On 16 June 2026 Moody's Ratings extended its rating integration engine to Solana mainnet through Alphaledger, letting issuers embed ratings in tokens so credit information travels with the asset onchain. Underwriting and registration share one ledger, and the holder register is generated from contract events.