With a giant 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 12 months.
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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 inside methods and knowledge safety measures are essentially the most superior within the business.
“Safety and belief aren’t the buzzwords of promoting. They’re the inspiration of our infrastructure,” the Nexo staff stated in a weblog put up. “Third years in a row, SOC certification demonstrates that transparency and operational excellence are a steady dedication reasonably than a one-off milestone.”
Why is it necessary?
SOC 2 and SOC 3 Sort 2 audits are broadly thought of gold requirements in knowledge 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 presently manages $11 billion in belongings below administration in additional than 150 jurisdictions. The platform provides 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 may learn the complete announcement right here.
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