Building and maintaining a high bar for security and compliance is fundamental to how we serve our clients’ needs. Today, we’re pleased to announce that Kraken’s institutional-grade qualified custody offering has successfully completed the SOC 2 Type 2 compliance examination — a significant milestone that further reinforces our longstanding commitment to protecting our institutional client’s assets and data. What SOC 2 Type 2 is and why it matters SOC 2 (System and Organization Controls 2) is an internationally recognized framework developed by the American Institute of CPAs (AICPA) for managing customer data based on five “trust service principles”: security, availability, processing integrity, confidentiality and privacy. Successfully completing the SOC 2 Type 2 examination, building on Kraken’s prior SOC 2 Type 1 report , demonstrates not only the rigorous design of our security controls, but also their consistent execution and effectiveness over time. This independent, third-party validation builds on our existing security foundations and reflects an ongoing commitment to strengthening internal processes and technical infrastructure. These have been stress-tested to meet the highest industry standards for system reliability and the protection of sensitive data. “Completing the SOC 2 Type 2 examination is an important milestone, but it’s just one element of our comprehensive, security-first company culture and operational strategy,” said Nick Percoco, Kraken Chief Security Officer. “We view security as a continuous, holistic commitment, one that extends beyond any single audit, reporting requirement, or certification. As Kraken continues to scale and the threat landscape evolves, we remain laser-focused on strengthening our internal controls and investing in exceptional talent to uphold our commitment to protecting our client’s data and their assets.” What this means for our clients: Enhanced asset protection : SOC 2 Type 2 compliance validates that assets in Kraken’s Institutional Custody platform are safeguarded by robust, industry-leading security protocols, continuously monitored and enhanced to counter evolving cybersecurity threats. Trust through transparency : With this recognition, clients can have greater confidence in Kraken’s operational integrity. It reaffirms how our security controls are not only well-designed, but have been reliably executed over an extended period. Commitment to excellence: This achievement reflects Kraken’s ongoing investment in best-in-class security practices and infrastructure, reinforcing our mission to deliver a truly security-first offering that promotes broader adoption of digital assets globally. A step forward, with more to come SOC 2 Type 2 compliance is a significant milestone, but it’s just one part of our larger security-first philosophy at Kraken. We’re committed to continuously enhancing our infrastructure, protocols, personnel, and holistic operation to ensure we’re serving our client’s needs both now, and long term. Learn more about Kraken Institutional Custody The post Kraken completes SOC 2 Type 2 compliance report, underscoring commitment to institutional security appeared first on Kraken Blog .
