With an enormous nod to enterprise-grade safety and compliance practices, the digital asset wealth platform Nexo has formally accomplished its SOC 2 Sort 2 and SOC 3 Sort 2 audits for the third consecutive yr.
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These unbiased audits performed by main cybersecurity firm A-Lign be sure that NEXO continues to fulfill the strict requirements of AICPA's belief companies requirements. This achievement sends robust alerts to institutional purchasers, enterprise companions and customers, indicating that Nexo's inner techniques and information safety measures are essentially the most superior within the trade.
“Safety and belief will not be the buzzwords of promoting. They’re the muse of our infrastructure,” the Nexo group mentioned in a weblog publish. “Third years in a row, SOC certification demonstrates that transparency and operational excellence are a steady dedication moderately than a one-off milestone.”
Why is it necessary?
SOC 2 and SOC 3 Sort 2 audits are broadly thought-about gold requirements in information safety. For cryptographic platforms working in more and more regulated environments, constant passing of those audits is each a competitiveness and a prerequisite for institutional adoption. This milestone cements Nexo's place as a reliable and compliant accomplice in an area the place belief is paramount.
Inside Nexo's development
Since its founding in 2018, Nexo has processed greater than $320 billion in transactions and at present manages $11 billion in belongings underneath administration in additional than 150 jurisdictions. The platform affords an entire suite of companies together with:
Excessive-yield crypto financial savings account
Crypto-support mortgage
Spots and margin buying and selling
Twin-mode credit score and debit fee playing cards
For extra details about auditing and Nexo's safety infrastructure, you possibly can learn the total announcement right here.
🔗nexo.com/weblog/nexo-completes-third-consecutive-soc-2-soc-3-audits
