- DTI Foundation to enhance data offering with ESG-related data from Crypto Risk Metrics, a brand from DLC Distributed Ledger Consulting GmbH
- ESG data within the DTI Registry to support crypto-asset issuers and service providers to meet regulatory requirements under MiCA
Hamburg, June 26th, 2024 – The Digital Token Identifier (DTI) Foundation and Crypto Risk Metrics (CRM) are pleased to announce the signing of a Memorandum of Understanding (MoU) to collaborate on displaying ESG-related data in the DTI Registry. This collaboration aims to assist market participants in meeting the new requirements under the European Union’s Markets in Crypto-Assets (MiCA) regulation by expanding their capabilities to end users.
A key requirement under MiCA involves the disclosure of sustainability indicators by crypto-asset issuers and service providers. These requirements are designed to capture adverse impacts on the climate and other environment-related factors and to outline key energy indicators of crypto-assets. By combining the golden source of unique identification of digital tokens with a leading Crypto-ESG-Data provider, regulated crypto-asset issuers and service providers will be able to stay compliant with minimal effort.
ESG Data Ensures Transparency & Compliance for Crypto-Assets
The DTI Foundation’s ISO DTI standard for digital token identification continues to be adopted by crypto and digital asset market infrastructure and service providers and regulators. The European Securities and Markets Authority (ESMA) is anticipated to embed DTIs as the crypto-asset identifier under MiCA transparency reporting, order book, offering and record-keeping requirements.
“We are excited to partner with CRM to enhance our data offerings with essential ESG-related information,” said Rowan Varrall, Associate Director at DTI Foundation. “This collaboration will provide significant value to our users, helping them to meet MiCA’s sustainability disclosure requirements efficiently.”
Tim Zölitz, CRO at Crypto Risk Metrics, adds: “We are thrilled to join forces with the DTI Foundation to integrate our comprehensive ESG data into the DTI Registry. Our combined efforts will facilitate greater transparency and compliance for crypto-asset issuers and service providers in the evolving regulatory landscape.”
About the DTI Foundation
The Digital Token Identifier (DTI) Foundation is a non-profit division of Etrading Software (ETS), a global regulatory data provider with a focus on solving market-wide problems by building market infrastructures for the new digital economy. DTI Foundation’s mission is to provide the golden source reference data for the unique identification of digital tokens based on ISO’s new standard for digital assets, ISO 24165. The DTI Foundation has already issued ISO identification codes for over two thousand of the most commonly traded digital assets, with more codes being added each day. All commonly traded digital assets can be assigned ISO-standard DTI codes. For more information, please visit: www.dtif.org.
About the Crypto Risk Metrics
Crypto Risk Metrics (a brand of DLC Distributed Ledger Consulting GmbH (“DLC”)) is an IDW-PS 951 certified specialist service provider for the risk management of distributed ledger technologies. The software-as-a-service is used by fund companies (e.g. HANSAINVEST Hanseatische Investment-GmbH) and custodians (e.g. Donner & Reuschel AG) as well as systemically important institutions such as dwpbank AG and is regularly audited by various Big 4 companies as part of the audits of the respective institutions.
Source: Press release Crypto Risk Metrics
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