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Nexo, the global leader in digital assets institutions, has achieved a major milestone by successfully completing its independent Type 2 SOC 2 audit. This accomplishment highlights Nexo’s dedication to providing top-notch client data security and guarantees an enhanced experience for its rapidly expanding international customer base on its comprehensive platform. A-LIGN, a leading compliance assessor and trusted technology-enabled security and compliance partner for over 2,500 global organizations, conducted the SOC 2 audit.<a href="https://nexo.com/" rel="noopener noreferrer nofollow">Nexo</a> Co-Founder and Managing Partner Antoni Trenchev said: “We at Nexo believe that trust isn’t merely declared, it’s demonstrated, earned over time, and validated by impartial third parties. Security cannot be a mere claim; it must be substantiated. Thus, as we traverse this digital frontier for more than five years now, we have a fiduciary duty and an unwavering commitment to ensuring the protection of our clients’ data and their holdings on our platform. There is no room for complacency when it comes to safeguarding the assets and interests of those who place their trust in our hands.”<h2 id="header-0">Commitment to Delivering Compliance and Security</h2>This thorough examination spanned several months and rigorously assessed Nexo’s processes. It has affirmed that the company’s infrastructure, software, personnel, data, policies, procedures, and operations have undergone formal review and adhere to the most stringent global data privacy and protection laws. The SOC 2 examination, established by the American Institute of Certified Public Accountants (AICPA), enjoys worldwide recognition and is widely regarded as a benchmark for compliance within the financial service industry.Since its establishment in 2018, Nexo has remained dedicated to upholding the utmost level of security and transparency for its customers’ assets. This core principle influences every decision made by the company and shapes the range of services it provides. Whether it’s forging strategic partnerships with esteemed custody authorities or pioneering real-time attestations in 2021, Nexo unwaveringly pursues its mission to deliver innovative solutions that are both compliant and secure.Nexo maintains a security infrastructure that adheres to stringent standards equivalent to those of traditional finance companies. This includes cutting-edge identity verification technology, 256-bit SSL encryption, and alignment with the CCSS Level 3 and <a href="https://nexo.com/security" rel="noopener noreferrer nofollow">ISO/IEC 27001 standards</a>, complemented by an extensive range of robust security features. Nexo takes pride in upholding these high standards while proactively staying ahead of emerging threats through its latest SOC 2 certification.A-LIGN’s CEO Scott Price said: “Nexo’s successful attainment of SOC 2 attestation is a significant accomplishment, highlighting their unwavering commitment to the security and privacy requirements of their clients. Market leaders like Nexo recognize the importance of automation software and experience coming together to produce an efficient, high-quality audit report and streamline the audit process.”<h2 id="header-1">Strengthening Trust and Innovation in the Digital Assets Industry</h2>Nexo holds the position as the foremost digital assets institution globally. With a mission to optimize the value and usability of digital assets, the company provides an extensive range of products. These offerings encompass advanced trading solutions for both retail and institutional clients, liquidity aggregation from prominent venues, and tax-efficient asset-backed credit lines. In 2022, Nexo expanded its operations by introducing Nexo Ventures, an investment arm that currently oversees a portfolio of over 60 companies. To date, Nexo has processed more than $130 billion for over 6 million satisfied users spanning 200 jurisdictions.A-LIGN stands out as the sole provider of end-to-end cybersecurity compliance solutions, offering a unique combination of readiness to report compliance automation software alongside professional audit services. Trusted by over 4,000 global organizations, A-LIGN plays a crucial role in mitigating cybersecurity risks. As a licensed CPA firm, A-LIGN offers a comprehensive and holistic approach to SOC 1 and SOC 2 Audit services.Moreover, they are accredited as an ISO 27001, ISO 27701, and ISO 22301 Certification Body, a HITRUST CSF Assessor firm, an accredited FedRAMP 3PAO, an authorized CMMC C3PAO, a PCI Qualified Security Assessor Company, and a PCI SSC registered Secure Software Assessor Company. A-LIGN’s expertise and compliance automation platform, A-SCEND, are transforming the compliance experience for businesses ranging from growing enterprises to global corporations. Their exceptional work in the field has earned them numerous accolades from the esteemed Global InfoSec Awards, recognizing their excellence in cybersecurity.Overall, Nexo’s successful SOC 2 audit and ongoing dedication to security, transparency, and innovation have positioned the company as a trusted and influential player in the digital assets industry. By prioritizing client data security and compliance, Nexo continues to deliver a superior experience for its users worldwide, while A-LIGN’s expertise and services contribute to the overall assurance and trustworthiness of Nexo’s operations.

Nexo Demonstrates Unwavering Data Security Compliance with Type 2 SOC 2 Audit Success

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