Northern Trust partners with Lukka for digital asset reporting

Northern Trust has entered into a partnership with crypto data firm Lukka to improve digital asset reporting for its institutional clients. The collaboration integrates Lukka’s data normalization platform into Northern Trust’s servicing infrastructure.

The integration aims to provide clients with a unified view of holdings across various blockchains, exchanges, and custodians. Lukka’s platform ingests raw transaction data from over 100 blockchain networks and more than 400 exchange sources, standardizing the information into audit-ready reports. This system is designed to meet traditional financial service standards, such as AICPA’s SOC 1 Type II and SOC 2 Type II frameworks, allowing institutions to manage digital assets alongside traditional portfolios.