Everstake, a prominent non-custodial staking provider, has achieved SOC 2 Type II, ISO 27001, and GDPR compliance through an independent audit by Prescient Security, significantly enhancing its security standards for institutional clients.
The compliance achievements signal greater trust for institutional investors, aligning Everstake with industry-leading security practices that could drive increased adoption and reinforce the credibility of its services.
Everstake Surpasses 70 Blockchain Network Validations
Everstake, founded in 2018, has gained global recognition by operating validators across over 70 blockchain networks. This recent compliance underscores its commitment to bridging traditional and decentralized sectors. “SOC 2 compliance is a crucial step in aligning with enterprise security standards, bridging the gap between traditional Web2 companies and the decentralized world of Web3.” – Everstake Blog
This independent audit, conducted by Prescient Security, validated Everstake’s adherence to SOC 2 Type II, ISO 27001, and GDPR standards. These enhancements elevate its services for institutional clients.
61% of Investors Prefer Certified Staking Platforms
Institutional investors value enhanced security, with 61% willing to pay premiums for compliant platforms. These certifications are likely to boost institutional adoption of staking platforms.
These compliance improvements may attract more investors, potentially increasing the total value locked (TVL) on networks using Everstake’s validators. Major assets like ETH and BTC are central to this shift.
Everstake’s Security Upgrades Mirror Industry Gains
Previously, achieving SOC 2 Type I laid the groundwork for enterprise-grade security at Everstake. Competitors have seen increases in TVL following similar announcements.
Experts suggest Everstake’s certifications enhance its market position. This bolsters its potential to grow institutional trust, mirroring historical trends of increased adoption post-certification.
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