Kraken, a longstanding cryptocurrency exchange, completed its SOC 2 Type 2 compliance report on June 3, 2025, enhancing its infrastructure’s security standards.
This certification underscores increased safety, vital for attracting institutional investors amid growing security demands in cryptocurrency.
Kraken Achieves SOC 2 Type 2 Security Milestone
Kraken has recently achieved a milestone in its security infrastructure by completing the SOC 2 Type 2 compliance report. This development marks a progression in Kraken’s dedication to institutional security standards. The compliance report reflects a detailed evaluation of Kraken’s asset protection protocols.
Kraken, known for its focus on security, has a team of global security professionals. Their experience spans building robust security programs for major brands. The company emphasized its commitment by categorizing the announcement under its “Security” section.
“Our team of experts have built in a number of sophisticated measures to prevent the theft of funds or information.” — Kraken Security Team, Security Department, Kraken
Institutional Appeal Enhanced by Compliance Achievement
The completion of the SOC 2 Type 2 compliance is crucial for Kraken’s institutional security offerings. This move is anticipated to attract institutional investors, who prioritize security. By addressing a significant barrier to institutional adoption, Kraken aims to bolster its market position.
Industry analysts note that the compliance’s focus on custody and funding services—key components of Kraken’s offering—strengthens investor confidence. Historical trends suggest such certifications could prompt increased institutional interest. The exchange’s institutional focus aligns with industry efforts to enhance security and trust.
Evolution from SOC 2 Type 1 to Type 2
Kraken previously completed the SOC 2 Type 1 assessment in 2023. The move to Type 2 highlights an improvement in compliance as Type 2 covers controls over a period, unlike Type 1’s snapshot assessment. This progress indicates a commitment to ongoing security enhancement.
Experts, including those from Kanalcoin, suggest Kraken’s focus on SOC 2 compliance aligns with a broader push for heightened security standards. As cryptocurrency markets evolve, stringent certifications like SOC 2 Type 2 become vital for exchanges seeking to attract large-scale investors.
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