New York, March 12, 2024 – Lukka, the global leader in institutional-grade digital asset data, software and compliance, has partnered with CoinDesk Indices to integrate the Composite Ether Staking Rate (CESR)® into its offerings, further expanding its industry-leading coverage. With the addition of CESR®, Lukka strengthens its position as the most comprehensive provider of institutional crypto data, ensuring its clients continue to have access to the most precise, transparent, and standardized digital asset information available.
“Our collaboration with CoinFund on CESR delivers a critical benchmark for Ethereum staking, offering institutions a trusted and standardized rate,” said Alan Campbell, President at CoinDesk Indices. “Partnering with Lukka ensures that CESR reaches the market through an institutional-grade data infrastructure, reinforcing its value as a settlement rate and analytical tool for the Ethereum ecosystem.”
CESR captures the mean, annualized staking yield of Ethereum validators, including all relevant rewards such as consensus incentives and priority transaction fees. By incorporating deposits, withdrawals, and penalties, CESR delivers a complete and reliable benchmark for financial institutions, asset managers, and analysts. Lukka’s integration of CESR not only expands its coverage but further solidifies its reputation as the definitive source for structured digital asset data, ensuring institutions have the highest-quality insights needed for investment decisions, risk assessments, and compliance.
“Lukka is setting a higher standard for institutional crypto data, and the integration of CESR further cements our position as a leading provider,” said Dan Husher, Chief Data Product Officer at Lukka. “Our ability to continuously expand our coverage and add granularity to our datasets while maintaining the highest levels of accuracy and transparency is what keeps Lukka ahead of the market, trusted by the most sophisticated financial institutions worldwide.”
With this partnership, Lukka reinforces its role as the most complete and trusted data provider in the digital asset space, equipping institutions with the essential tools to navigate and capitalize on the evolving crypto economy.