Kraken completes the SOC 2 Type 2 Compliance Report, highlighting its commitment to institutional security

Building and maintaining a high bar for security and compliance is fundamental to how you serve your clients’ needs. Today we are pleased to announce that Kraken facility grade qualified custody has successfully completed the SoC 2 Type 2 compliance test. This is an important milestone that further strengthens our long-standing commitment to protecting the assets and data of our institutional clients.

What is SOC 2 Type 2 and why it matters

SOC 2 (Systems and Organization Control 2) is an internationally recognized framework developed by the US CPAS Institute (AICPA) to manage customer data based on five “Principles of Trust Services,” security, availability, processing integrity, confidentiality and privacy.

Based on Kraken’s previous SOC 2 Type 1 report, successful SoC 2 Type 2 exams demonstrate not only the rigorous design of security management, but also the consistent execution and effectiveness over time. This independent third-party verification is based on existing security infrastructure and reflects its ongoing commitment to strengthening internal processes and technical infrastructure. These are stress-tested to meet the highest industry standards for system reliability and protection of sensitive data.

“Completing the SOC 2 Type 2 exam is an important milestone, but it is just one element of our comprehensive, security-first corporate culture and operational strategy.” “We consider security as a continuous and overall commitment that expands beyond a single audit, reporting requirement or certification. As Kraken continues to expand and the threat landscape evolves, we will remain laser-centric in investing in exceptional talent to strengthen our internal controls and support our commitment to protecting our clients’ data and their assets.”

What does this mean for our clients:

• Strengthening asset protection: SOC 2 Type 2 Compliance validates that Kraken’s institutional management platform assets are protected by robust, industry-leading security protocols and are continuously monitored and strengthened to combat evolving cybersecurity threats.

• Trust through transparency:This recognition allows clients to have more confidence in Kraken’s operational integrity. Reconfirm how security controls are not only well designed, but are also well-executed for long periods of time.

• Commitment to excellence: This achievement reflects Kraken’s ongoing investment in best-in-class security practices and infrastructure, reinforcing its mission to provide true security-first offerings that drive the wider adoption of digital assets globally.

Take a step forward

SOC 2 Type 2 Compliance is an important milestone, but it is just part of Kraken’s larger security-first philosophy. We are committed to continuing to strengthen our infrastructure, protocols, personnel and overall operations to ensure our clients’ needs both now and long term.