Key Takeaways
- • Northern Trust (Nasdaq: NTRS) has entered into an agreement with Lukka to deliver an institutional-grade digital asset reporting capability, according to a Business Wire announcement.
- • The new service gives clients enhanced reporting on digital asset data, including transaction history and point-in-time balances with historical views.
- • Lukka's platform will connect Northern Trust to 100+ blockchains and 400+ centralized and decentralized exchange sources, plus custodians, OTC desks, wallets, and on-chain activity.
- • Northern Trust positions the capability as bringing together digital and traditional asset reporting as part of a broader interoperable digital asset servicing model.
Summary
Northern Trust announced that it has entered into an agreement with Lukka to deliver an institutional-grade digital asset reporting capability, expanding its service offering to include enhanced access to digital asset data, according to a Business Wire release datelined Chicago. The new capability provides clients with enhanced reporting on digital asset data, including transaction history and point-in-time balances with historical views. The company said the service addresses the growing need for reliable, scalable reporting as institutional participation in digital assets accelerates.
Justin Chapman, group head of Strategic Partnerships, Digital and Financial Markets at Northern Trust, said clients are seeking a more streamlined and institutional approach to managing and reporting on their digital asset exposures. He said the relationship allows Northern Trust to deliver a critical capability that brings together digital and traditional asset reporting, while continuing to build toward a more comprehensive, interoperable and connected digital asset servicing model.
Under the agreement, Northern Trust will leverage Lukka's data platform to support connectivity across 100+ blockchains and 400+ centralized exchange (CEX) and decentralized exchange (DEX) sources, along with custodians, OTC desks, wallets, and on-chain activity. The release states this will enable ingestion of wallet, balance, and transaction data and support scaled digital asset reporting through standardized data aggregation and normalization.
Kiet Tran, CEO of Lukka, said the firm is proud to support Northern Trust's expansion of its digital asset servicing capabilities and that institutions need digital asset data that is complete, normalized, and audit-ready. Founded in 2014, Lukka provides enterprise blockchain data and software to financial institutions, exchanges, fund administrators, and government agencies, and states that it operates under AICPA SOC 1 Type II and SOC 2 Type II frameworks.
Northern Trust describes the move as part of efforts to unify its digital and traditional market functions to support clients navigating digital asset investing alongside allocations to more traditional asset classes. The company reported assets under custody/administration of US$20.0 trillion and assets under management of US$2.0 trillion as of June 30, 2026. The release did not disclose financial terms of the agreement.
Justin Chapman, group head of Strategic Partnerships, Digital and Financial Markets at Northern Trust, said clients are seeking a more streamlined and institutional approach to managing and reporting on their digital asset exposures. He said the relationship allows Northern Trust to deliver a critical capability that brings together digital and traditional asset reporting, while continuing to build toward a more comprehensive, interoperable and connected digital asset servicing model.
Under the agreement, Northern Trust will leverage Lukka's data platform to support connectivity across 100+ blockchains and 400+ centralized exchange (CEX) and decentralized exchange (DEX) sources, along with custodians, OTC desks, wallets, and on-chain activity. The release states this will enable ingestion of wallet, balance, and transaction data and support scaled digital asset reporting through standardized data aggregation and normalization.
Kiet Tran, CEO of Lukka, said the firm is proud to support Northern Trust's expansion of its digital asset servicing capabilities and that institutions need digital asset data that is complete, normalized, and audit-ready. Founded in 2014, Lukka provides enterprise blockchain data and software to financial institutions, exchanges, fund administrators, and government agencies, and states that it operates under AICPA SOC 1 Type II and SOC 2 Type II frameworks.
Northern Trust describes the move as part of efforts to unify its digital and traditional market functions to support clients navigating digital asset investing alongside allocations to more traditional asset classes. The company reported assets under custody/administration of US$20.0 trillion and assets under management of US$2.0 trillion as of June 30, 2026. The release did not disclose financial terms of the agreement.
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