The post IOTA EVM Expands with Lukka Integration, Offering Clear and Compliant Data Insights appeared on BitcoinEthereumNews.com.

IOTA teams up with Lukka to deliver accurate, compliant data insights for its ecosystem. Fair Market Value (FMV) reporting reshapes how businesses evaluate and report crypto holdings. The IOTA Foundation has recently partnered with Lukka, a provider of blockchain analytics and compliance tools. Through this partnership, Lukka is positioned as the sole supplier of compliance-related solutions within the IOTA ecosystem. This reflects the foundation’s commitment to giving its users a safe and transparent environment. We are happy to share that @iota , a leading open-source distributed ledger technology (#DLT) network, has chosen Lukka as its exclusive provider for #blockchainanalytics and #compliance solutions.https://t.co/1JGrB9KcZs — Lukka (@Lukka) February 13, 2025 Exchanges, institutions, and regulators interacting with IOTA’s Ethereum Virtual Machine (EVM) will be able to access customized data solutions through the Lukkas platform. Moreover, these tools include risk assessments, monitoring features, and forensic tracking across blockchain operations to meet the increasing demand for transparent and trustworthy analytics. Co-Founder of IOTA, Dominik Schiener, said in the press release: Ensuring compliance and transparency in the blockchain industry is crucial for IOTA’s mission of driving enterprise adoption. By partnering with Lukka, we gain access to one of the most comprehensive blockchain analytics platforms, helping us enhance risk monitoring, regulatory reporting, and security across our ecosystem. Moreover, Patrick Corker from Lukka underlined the significance of providing scalable compliance tools for blockchain networks. As the industry grows, platforms like IOTA are expected to align with stricter compliance measures, and Lukka’s tools are set to facilitate that process. Lukka Partnership Aligns with IOTA’s Transparency Goals The partnership with Lukka is in line with IOTA’s efforts to increase financial transparency, which are demonstrated by its focus on Fair Market Value (FMV) reporting. A workable answer to the problems associated with digital asset valuation in financial statements is FMV reporting.…

---

Filed under: News - @ February 14, 2025 7:18 pm