AllUnity partners with Crypto Risk Metrics for ESG compliance, ensuring MiCAR adherence and transparency in stablecoin issuance under German supervision.
- A MiCAR-compliant stablecoin to be launched under German supervision
- Compliance of great importance for regulated market participants
- Deliberate decision to source data from Crypto Risk Metrics after intensive technical and compliance due diligence
Frankfurt am Main, January 31st 2025. The upcoming MiCAR-compliant stablecoin AllUnity has made a strategic decision to partner with Crypto Risk Metrics for its crypto ESG data needs. This move aligns with AllUnity’s commitment to regulatory compliance and sustainability, setting a new standard for the stablecoin market under German financial supervision.
A Regulatory-First Approach to Stablecoins
AllUnity, a joint venture between DWS, Flow Traders, and Galaxy, plans to introduce a stablecoin in 2025 that adheres to the Markets in Crypto Assets Regulation (MiCAR). The decision to issue the stablecoin under German regulatory oversight reflects the project’s focus on trust and stability in the evolving crypto landscape.
Why AllUnity Chose Crypto Risk Metrics
Alexander Höptner, CEO of AllUnity, on the decision to use Crypto Risk Metrics: “Just as we deliberately chose Germany as the country to issue the token, we also deliberately chose Crypto Risk Metrics as the data provider for our crypto ESG data. This decision was preceded by an intensive selection process in which we took a very close look at all providers. In the end, however, the decision was clear, both in terms of compliance structures and technical implementation.”
This careful approach ensures that AllUnity remains aligned with stringent regulatory standards while promoting transparency in environmental, social, and governance (ESG) factors for crypto assets.
The Growing Importance of ESG in Crypto
The increasing demand for ESG transparency in crypto assets underscores the importance of reliable, independent data providers. Tim Zölitz, CEO of Crypto Risk Metrics, highlights the significance of AllUnity’s choice:
“We are of course very pleased to have won such a prestigious consortium as a customer and assume that more and more companies will start to carry out real due diligence on providers who supply ESG data for crypto assets. The selection of AllUnity confirms our approach of not accepting any payments from layer 1 protocols and thus being immune to potential greenwashing accusations. This not only protects us, but also our customers.”
By ensuring objective ESG assessments, Crypto Risk Metrics strengthens its position as a trusted data provider for institutions navigating regulatory challenges in the crypto sector.
MiCAR and the Future of ESG Data in Crypto
Under the Markets in Crypto-Assets Regulation (MiCAR), stablecoin issuers are required to publish ESG indicators, making credible ESG reporting essential for regulatory compliance. Crypto Risk Metrics already collaborates with major institutions, such as:
- The Stuttgart Stock Exchange for seamless system integration
- The ISO 24165 issuing body for the Digital Token Identifier Foundation
- Data providers like Infront
These partnerships ensure that Crypto Risk Metrics remains at the forefront of regulatory-aligned ESG data solutions for the crypto industry.
Conclusion: A Step Forward for Transparent and Compliant Stablecoins
The partnership between AllUnity and Crypto Risk Metrics marks a pivotal moment in the crypto industry’s push for regulatory compliance and sustainability. As stablecoin issuers navigate the evolving regulatory landscape, the need for transparent, high-quality ESG data has never been greater.
By prioritizing due diligence, compliance, and sustainability, AllUnity is setting a new benchmark for stablecoins in the European market – ensuring that digital assets meet the highest regulatory and ethical standards.
Stay tuned for more updates as AllUnity prepares for its 2025 launch and continues shaping the future of stablecoin compliance and ESG transparency.
Source: Press release 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:
- Crypto Finance (Deutschland) GmbH Relies on ESG Crypto Data from Crypto Risk Metrics
- Bitstamp Trusts Crypto Risk Metrics to Fulfill its ESG Reporting Requirements According to MiCAR
- Talos Partners with Crypto Risk Metrics to Help Clients Meet MiCA ESG Disclosure Requirements
- LCX Implements Conflict of Interest Free Crypto-ESG Data from Crypto Risk Metrics
- SMARTBROKER+ Enhances ESG Reporting with Crypto Data from Crypto Risk Metrics
