Crypto Risk Metrics Supports Blockrise in Meeting MiCAR Requirements with ESG Data Solution
Frankfurt am Main, November 26th, 2024. We are delighted to welcome Blockrise as a new client for our ESG data solutions in the cryptocurrency sector. Blockrise, a renowned and regulated player in the industry, selected us as their data provider to meet the requirements of the upcoming MiCAR regulations, effective December 30th, 2024.
ESG Data: Essential for MiCAR Compliance
Crypto Asset Service Providers (CASPs) like Blockrise require robust and neutral data solutions to comply with MiCAR regulations. ESG data plays a pivotal role in ensuring the sustainable and ethical management of digital assets.
Jos Lazet, CEO of Blockrise, stated: “We chose Crypto Risk Metrics because no other provider was able to deliver compliant data – which honestly surprised us. The high technical standards of the methodologies and the neutrality ensured by independence from Layer-1 protocols were critical factors for us.”
Tim Zölitz, CEO of Crypto Risk Metrics, added: “We are excited to expand our European footprint with Blockrise and are optimistic about what’s to come. It’s also encouraging to see that technical requirements in RFPs are increasingly taken seriously – a factor that has often been overlooked in the past.”
Regulatory Requirements under MiCAR
The Markets in Crypto-Assets Regulation (MiCAR) obliges so-called crypto-asset service providers to report various ESG key figures from December 30, 2024. As a leading data provider in this area, Crypto Risk Metrics is, for example, the exclusive ESG data provider of the ISO 24165 issuing body for the Digital Token Identifier Foundation and cooperates with data providers such as Infront and the Stuttgart Stock Exchange for easy integration into the systems.
Source: Crypto Risk Metrics
To gain a deeper understanding of the ESG disclosure requirements under the MiCAR regulation, explore our article on ESG Disclosure Requirements for Crypto-Asset Service Providers in Europe – Everything You Need to Know.
For further reading on our recent developments and partnerships, check out the following articles:
- Focus on Sustainability & MiCAR Compliance: Bank Frick Uses Crypto ESG Data from Crypto Risk Metrics
- MiCAR Listing and Delisting Compliance for Crypto-Assets – Crypto Risk Metrics Extends Product Range
- Coinmerce Chooses Crypto Risk Metrics for Reliable Crypto ESG Data to Ensure MiCAR Compliance
- Notabene and Crypto Risk Metrics Join Forces in a Strategic Partnership on Crypto ESG Data
