Fitch Ratings
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Fitch Ratings

Moody's and S&P already rate tokenized products. Fitch makes it three for three. Every major rating agency now touches onchain assets. The compliance excuse is gone.

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Brief

Global credit rating agency. Developing digital asset assessment frameworks. Public commentary on stablecoin contagion risks and rapid stablecoin supply growth. Has not yet shipped a public stablecoin or tokenized fund rating product on the scale of S&P's SSA or Moody's tokenized fund ratings.

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Snapshot

Key terms and identifiers.

Asset classes
Treasuries, Private credit
Regulatory
sec-reg-d
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Connections

Who they build with, build on, integrate with.

Tension

Direct competition or overlapping market position.