Nexo Successfully Validates Data Security Compliance with Type 2 SOC 2 Audit

FinanceFeeds Editorial Team

Nexo has been awarded the AICPA certificate following a successful SOC 2 Audit, which showcases its unwavering commitment to core trust principles, including data security and privacy.

Nexo, the world’s leading institution for digital assets, has reached a significant milestone with the completion of its independent Type 2 SOC 2 audit. This accomplishment emphasizes Nexo’s dedication to delivering exceptional data security to its rapidly growing international clientele through its comprehensive platform.

The SOC 2 audit was conducted by A-LIGN, a prominent compliance assessor trusted by over 2,500 global organizations for managing cybersecurity risks. The audit involved an extensive evaluation of Nexo’s processes, confirming that the company’s infrastructure, software, personnel, data, policies, procedures, and operations have undergone a formal review and comply with the most rigorous global data privacy and protection laws.

The SOC 2 examination, established by the American Institute of Certified Public Accountants (AICPA), holds global recognition and is widely regarded as a gold standard compliance indicator in the financial services industry.

“We, at Nexo, firmly believe that trust is not merely proclaimed; it is demonstrated, earned over time, and validated by impartial third parties. Security cannot be a mere claim; it must be substantiated. As we continue to navigate this digital frontier for over five years, we bear 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,” commented Antoni Trenchev, Co-Founder and Managing Partner.

Since its inception in 2018, Nexo has prioritized providing the highest level of security and transparency for its customers’ assets. This guiding principle influences every decision made by the company and shapes the services it offers. From strategic partnerships with leading custody providers to pioneering real-time attestations in 2021, Nexo remains steadfast in its mission to deliver compliant and secure innovation.

Nexo’s security infrastructure adheres to the same rigorous standards as traditional finance companies, incorporating state-of-the-art identity verification technology, 256-bit SSL encryption, and compliance with CCSS Level 3 and  ISO/IEC 27001 standards, among other robust security measures. Nexo is proud to maintain this level of security while staying ahead of evolving threats through the latest SOC 2 certification.

“The successful attainment of SOC 2 attestation by Nexo is a significant achievement, highlighting their unwavering commitment to the security and privacy requirements of their clients,” stated Scott Price, CEO of A-LIGN. “Industry leaders like Nexo recognize the value of combining automation software and expertise to produce an efficient, high-quality audit report and streamline the audit process.”

A-LIGN, recognized for their exceptional work in the field, has received numerous accolades from the esteemed Global InfoSec Awards, a prestigious cybersecurity awards ceremony.

About Nexo

Nexo is the world’s leading institution for digital assets. Its mission is to maximize the value and utility of digital assets by offering a comprehensive suite of products that includes advanced trading solutions for both retail and institutional clients, liquidity aggregation from top venues, and tax-efficient asset-backed credit lines. In 2022, Nexo launched Nexo Ventures, its investment arm, which now boasts a portfolio of over 60 companies. With over $130 billion processed for more than 6 million satisfied users across 200 jurisdictions, Nexo remains committed to providing secure and transparent services.

About A-LIGN

A-LIGN stands out as the sole provider of comprehensive cybersecurity compliance solutions, offering a unique combination of readiness to report compliance automation software and professional audit services. Trusted by over 4,000 global organizations, A-LIGN takes a holistic approach as a licensed CPA firm, providing SOC 1 and SOC 2 audit services. They are also accredited as a Certification Body for ISO 27001, ISO 27701, and ISO 22301, an 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 extends from growing businesses to global enterprises, transforming the compliance experience through the proficiency of their experts and their compliance automation platform, A-SCEND. For more information about A-LIGN and its services, visit

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