LCX, the most important regulated cryptocurrency alternate in Liechtenstein, has launched ESG information monitoring for cryptocurrencies, changing into the primary centralized alternate (CEX) to supply complete environmental affect information for over 120 cryptocurrencies. This initiative, powered by LCX’s companion Crypto Threat Metrics, supplies buyers, regulators, and the general public with clear insights into the power consumption, carbon emissions, and renewable power utilization of main blockchain networks.
Bringing ESG Transparency to Crypto: With rising regulatory and institutional deal with sustainability, LCX is taking a proactive position in making ESG information accessible, credible, and actionable. The power consumption assessments had been carried out in an ISO-accredited TÜV-Heart, guaranteeing accuracy and reliability. By integrating ESG insights instantly into the LCX buying and selling platform, customers can now incorporate environmental affect issues into their funding methods and regulatory compliance efforts.
Key ESG Insights Now Out there on LCX
• Bitcoin’s Estimated Annual Power Consumption: 165 TWh (Similar to a mid-sized nation)
• Ethereum’s Renewable Power Utilization: 17.2%
• Solana’s Power Consumption per Transaction: Among the many lowest within the business
“Crypto’s power affect is a crucial subject, and transparency is essential,” mentioned Monty Metzger, CEO of LCX. “By providing detailed ESG information, LCX is not only setting a brand new benchmark for reporting but in addition empowering buyers with the insights they should make knowledgeable and accountable buying and selling selections.”
Setting a New Normal for ESG Reporting: As institutional and retail curiosity in crypto ESG metrics continues to rise, regulatory our bodies are more and more demanding clear disclosures. LCX’s partnership with Crypto Threat Metrics ensures that its ESG reporting is predicated on impartial, high-quality information.
Tim Zölitz, CEO of Crypto Threat Metrics, emphasised the significance of credible sustainability reporting:
“LCX is main the way in which in ESG transparency for crypto by integrating power consumption information into its buying and selling platform with none battle of curiosity and adhering to the best electricity-measurement requirements. This ensures that buyers and establishments can entry steadily up to date, dependable sustainability metrics to help accountable investing.”
Discover ESG Information for 120+ Cryptocurrencies: Customers can now entry detailed ESG stories on LCX’s platform, offering invaluable insights for merchants, establishments, and regulators.
About LCX
LCX is the largest crypto alternate in Liechtenstein. As a regulated cryptocurrency alternate, LCX.com has change into one of many fastest-growing digital asset spot exchanges for Euro (EUR), Bitcoin, Ethereum, and lots of of cryptocurrencies. Based in 2018, LCX affords options for compliant token issuance and RWA tokenization. LCX’s mission is to empower people and companies with safe, progressive crypto options, revolutionize finance via blockchain, and allow the freedom of wealth.
Disclaimer: This press launch is for informational functions solely and doesn’t represent authorized, monetary, or funding recommendation. LCX AG is registered as a Trusted Know-how Service Supplier in Liechtenstein. Readers are suggested to conduct their very own analysis earlier than making any funding selections.
For media inquiries, please contact:
LCX Media Relations
Contact: Tanushree Pathak
E mail: [email protected]
Internet: LCX.com
