The first digital asset indices were simple: track a single asset, publish a daily return.
But that’s no longer enough. Institutions are demanding benchmarks that look more like traditional finance – broader, more complex, and held to higher standards.
The real question: can your data keep up?
What’s Changing – And Why It Matters
Digital asset indices are no longer just about price. New benchmarks are already expected to capture:
- More assets, more rules: Indices are expanding from one or two coins to dozens, with strict inclusion and exclusion criteria. Without clean data, it’s impossible to know which assets qualify.
- Constant changes: Tokens rebrand, migrate, or change tickers overnight. If those shifts aren’t tracked instantly, your index can break – and so can the products built on it.
- New components of value: Staking rewards and income streams must be measured and factored in. If they’re ignored, your benchmark misrepresents actual returns.
- Regulatory expectations: GAAP, IFRS, and IOSCO standards are now being applied to crypto benchmarks. Indices that can’t withstand audit scrutiny put their sponsors at risk.
Bottom line: yesterday’s data isn’t good enough for today’s benchmarks.
The Benchmarking Challenge
Benchmark Administrators carry a heavy load: building and maintaining indices that underpin ETFs, funds, and derivatives.
In digital assets, this challenge is magnified by:
- Fragmented data sources with no standard format
- Rapid token changes that undermine accuracy
- Manual rebalancing that wastes resources and adds risk
- Constant pressure from regulators to prove compliance
Without the right data foundation, even one bad input can ripple across billions in assets
The Lukka Solution: Data You Can Defend
Lukka gives Benchmark Administrators and Exchanges the trusted data infrastructure to build indices with confidence, with data sets customized to support complex benchmarking needs:
- Reference Data: Utilize our vast reference data to drive additional insight, carve out by different factors, and go way beyond market value.
- Pricing Data: We provide robust technology infrastructure and operations for reliable, manipulation-resistant price marking required for index construction.
- Total Return Readiness: Data sets that capture staking and income components, ensuring benchmarks reflect the true value investors receive.
- Enterprise-Grade Controls: SOC 1 & SOC 2 audited, delivering regulator-ready transparency and assurance.
Results: From Complexity to Confidence
By integrating Lukka, Benchmark Administrators have:
- Expanded beyond price-only benchmarks into multi-asset and thematic indices
- Automated rebalances and reduced operational errors
- Met compliance requirements with audit-grade datasets
- Lowered costs and freed teams to focus on innovation, not data cleanup
Why It Matters
Indices are the backbone of global markets. In crypto, they will determine which products succeed, which funds launch, and which institutions gain investor trust.
If your data can’t support tomorrow’s benchmarks, you’re already behind.
With Lukka, you don’t just build indices – you build benchmarks regulators respect, investors trust, and counterparties rely on.
Ready for the Next Generation of Benchmarks?
Accuracy isn’t optional, it’s the price of admission.
Contact our team today to see how Lukka powers benchmarks with data you can defend.
