Lukka Signs Deal to Supply Crypto Data to Northern Trust

A Data Partnership Aimed at Institutional Crypto

Crypto data provider Lukka has reached an agreement to deliver digital asset data to Northern Trust, one of the largest custodian banks in the United States. The deal positions Lukka's crypto data infrastructure inside a firm that manages assets for some of the world's biggest institutional investors, signaling continued demand for reliable data as traditional finance deepens its exposure to digital assets.

For Northern Trust, sourcing accurate crypto data is no small operational matter. The bank handles fund administration, custody, and reporting for institutional clients, and as those clients allocate to crypto, the underlying data needs to be clean, consistent, and audit-ready. Lukka's platform is built specifically to handle that kind of institutional-grade data requirement.

What Lukka Brings to the Table

Lukka specializes in crypto asset data and software for back-office operations. The company collects, normalizes, and delivers pricing, transaction, and reference data across thousands of digital assets. Its clients have historically included fund administrators, asset managers, and accounting firms that need standardized data to support reconciliation, tax reporting, and net asset value calculations.

Bringing that capability into Northern Trust's workflow means the bank can support clients holding crypto without building out its own raw data infrastructure. That is a practical decision for a large institution, where vendor relationships are often preferred over in-house development for specialized technology.

Northern Trust's Broader Digital Asset Push

Northern Trust is not new to the digital asset space. The bank has been developing crypto-related services for institutional clients for several years, including work on custody solutions and blockchain-based infrastructure for private equity fund administration. The Lukka agreement fits into that broader pattern of building out the operational backbone needed to serve clients as they move into crypto markets.

Institutional adoption of crypto has driven a parallel boom in the data and infrastructure layer that supports it. Firms like Lukka sit in that layer, and partnerships with major custodians like Northern Trust validate the commercial case for specialized crypto data businesses.

The agreement, reported by The Full FX, reflects how seriously large financial institutions are now treating the operational requirements of crypto exposure. Getting the data right is a prerequisite for everything else, from client reporting to regulatory compliance, and banks are increasingly turning to dedicated providers rather than adapting legacy systems to handle it.