Nexo passes SOC 2 and SOC 3 type 2 audits for the third year in a row

Nexo

The most recent certifications affirm the continued leadership of Nexo in the Management of Security, Confidentiality and Privacy controls

One of the most popular platforms of digital asset wealth management, Nexo, received another inhibition of the SOC 2 Type 2 and SOC 3 Type 2 approvals, which are the third compliance passage in a row secured by the company. The success further highlights the resolve at Nexo to ensure client data and the maintenance of the highest standards in its operations.

Such confirmations validate the rigorous design and solid practice of internal processes at Nexo and, specifically, in such areas as Security, Confidentiality, and Privacy as the American Institute of Certified Public Accountants (AICPA) Trust Services Criteria defined the industry standard of working with sensitive information in the regulated environment.

The audits were done on their own by A-Lign which is an established cybersecurity and compliance assessment company. The third straight certification offers increased confidence to the institutional partners and business customers of Nexo, all depending on highly reliable and secure infrastructure when they are trying to acknowledge the constantly changing world of digital assets.

See the announcement in its entirety at the Nexo blog.

About Nexo

Nexo is a reputable digital assets wealth management platform that was created to assist users with expanding, protecting, and controlling their crypto-focused assets. With an eye to long-term customer value, Nexo integrates premium fintech capabilities with white-gloves-and-service to facilitate financial freedom in markets worldwide.

Nexo has served in excess of 150 countries since its incorporation in 2018, has managed an asset base above and beyond 11 billion dollars and has facilitated a transaction value in excess of 320 billion dollars. The integrated ecosystem consists of high-yield crypto savings, crypto- backed credit, institutional-grade trading, and a two-use credit-debit card all within the same streamlined platform.

The FinanceFeeds Editorial Team is dedicated to providing accurate, timely, and independent coverage of the global FX, fintech, and crypto markets. Working collaboratively, our editors and managers publish industry news, company updates, and market insights that help brokers, platforms, and traders stay informed.
MORE FROM THE AUTHOR
Subscribe to our newsletter

Most Recent