Vaduz, Liechtenstein, March 6, 2025 — LCX, recognized as the foremost regulated cryptocurrency exchange in Liechtenstein, has initiated ESG (Environmental, Social, and Governance) data tracking for cryptocurrencies, marking a significant milestone as the first centralized exchange (CEX) to provide extensive environmental impact data for over 120 cryptocurrencies. This innovative effort, facilitated by LCX’s collaboration with Crypto Risk Metrics, aims to offer investors, regulators, and the public clear insights into the energy consumption, carbon footprints, and the utilization of renewable energy across prominent blockchain networks.
Enhancing ESG Transparency in the Crypto Space
In response to the increasing regulatory and institutional emphasis on sustainability, LCX is taking a proactive approach to make ESG data more accessible, trustworthy, and actionable. The evaluations of energy consumption were performed at an ISO-accredited TÜV-Center, ensuring precision and dependability. With the integration of ESG insights directly into the LCX trading platform, users can now factor in environmental considerations while formulating their investment strategies and ensuring compliance with regulatory standards.
Key ESG Metrics Now Accessible on LCX
- Bitcoin’s Estimated Annual Energy Consumption: 165 TWh (Comparable to a medium-sized nation)
- Ethereum’s Renewable Energy Utilization: 17.2%
- Solana’s Energy Consumption per Transaction: Among the lowest in the sector
“Understanding the energy implications of cryptocurrencies is crucial, and transparency plays a vital role,” stated Monty Metzger, CEO of LCX. “By providing in-depth ESG data, LCX is establishing a new standard for transparency and empowering investors with the necessary insights to make informed and responsible trading choices.”
Establishing a Benchmark for ESG Reporting
With an increasing interest in cryptocurrency ESG metrics from both institutional and retail investors, regulatory authorities are demanding more transparent disclosures. LCX’s partnership with Crypto Risk Metrics guarantees that its ESG reporting is founded on independent, high-quality data. Tim Zölitz, CEO of Crypto Risk Metrics, highlighted the significance of reliable sustainability reporting: “LCX is at the forefront of enhancing ESG transparency in the crypto industry by seamlessly incorporating energy consumption data into its trading platform while avoiding conflicts of interest and adhering to the highest standards of electricity measurement. This ensures that both investors and institutions can access consistently updated, trustworthy sustainability metrics to promote responsible investing.”
Accessing ESG Data for Over 120 Cryptocurrencies
Users can now explore comprehensive ESG reports on the LCX platform, offering valuable insights for traders, institutions, and regulators.
About LCX
LCX stands as the largest cryptocurrency exchange in Liechtenstein. As a regulated entity, LCX.com has rapidly gained recognition as one of the fastest-growing digital asset spot exchanges for Euro (EUR), Bitcoin, Ethereum, and a wide range of other cryptocurrencies. Established in 2018, LCX provides solutions for compliant token issuance and real-world asset (RWA) tokenization. The mission of LCX is to empower individuals and businesses with secure and innovative crypto solutions, revolutionize finance through blockchain technology, and facilitate financial freedom.
Disclaimer
This press release serves informational purposes only and does not offer legal, financial, or investment advice. LCX AG is registered as a Trusted Technology Service Provider in Liechtenstein. Readers are encouraged to conduct their own research before making investment decisions.
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