Smartbroker+ relies on ESG crypto data from Crypto Risk Metrics

Smartbroker has now opted for the fulfillment of regulatory requirements in accordance with Micar for Crypto Risk Metrics. The company offers technically integrated measurements of ESG data in the ISO standard. According to Bitpanda, Coinmerce and DWPBank, Smartbroker is now the fourth regulated house that rely on the services of the crypto risk metrics.

DIe Markets in Crypto-Assets regulation obliges so-called Crypto Asset Service Provider to report different ESG indicators from 30.12.2024. Crypto Risk Metrics is an ESG data provider of the ISO 24165 publication for digital token Identifier Foundation and cooperates with data providers such as Infront and the Stuttgart Stock Exchange for Easy Integration into the systems.

We consciously decided to obtain the ESG data for cryptocurrencies with crypto risk metrics via a neutral and highly specialized third party. We are sending a clear signal that regulatory compliance and transparency for our end customers are of great importance for us. Thanks to the data, we enable our end customers the greatest possible transparency and make it easier to make decisions when investing. ”

Thomas Soltau, board member at Smartbroker

Tim Zölitz, CEO von Crypto Risk Metrics (Website), also feels confirmed in the strategy not to accept payments of blockchain protocols for calculating ESG indicators. The potential Conflicts of Interest are simply too high for regulated financial market participants, since they are finally responsible for the content of the data you report. And this absence of conflicts of interest is according to the smartbroker (Website) Also a reason for the decision on the partnership.ft