#USA #Chicago #Digital Assets #SOC 2 Type II #BlockFills

BlockFills Achieves SOC 2 Type II Certification

BlockFills, an industry leader in digital assets technology and trading for institutional and professional traders, has announced a significant milestone in its commitment to data security and operational excellence. The firm has successfully completed a System and Organization Controls (SOC) 2 Type II examination, achieving the highest level of independent verification regarding its internal operations and data security controls related to digital assets.

The SOC 2 Type II certification, governed by the American Institute of Certified Public Accountants (AICPA), evaluates an organization's internal controls in various domains, including security, availability, processing integrity, confidentiality, and privacy. Unlike other audits, the Type II examination assesses the effectiveness of these controls over a specified period, offering a more comprehensive understanding of the organization's operational resilience.

Nick Hammer, the CEO of BlockFills, articulated the significance of this achievement, stating, “Our SOC 2 audit achievement reinforces our ongoing commitment to maintaining a secure, trustworthy, and robust environment for our clients within the digital asset industry. We believe in the importance of transparency and implementing the highest levels of security to protect our clients' assets and information.” This statement underscores the firm’s relentless focus on building trust in an increasingly complex market.

BlockFills has developed and maintains stringent security protocols tailored to address the unique challenges that digital asset markets face. This includes not only robust onboarding processes but also systematic upgrades and thorough auditing procedures designed to uphold high internal standards. Each staff member is trained to adhere to these standards daily, ensuring that security is embedded in the firm's culture.

The certification is more than just a badge of honor; it serves to elevate the overall maturity of the cryptocurrency market. By establishing a benchmark for adherence to best practices, BlockFills is setting a precedent that could influence other firms in the sector. It demonstrates the firm's dedication not only to its clients but also to the broader digital asset ecosystem.

For informational purposes, BlockFills provides access to a variety of offerings related to digital asset markets for institutional and professional participants. The firm has successfully built a comprehensive technology stack that supports price discovery, aggregation, electronic order matching, smart order routing, and trade reconciliation in various market segments, including digital spot, derivatives, and lending markets.

As the industry continues to evolve, firms like BlockFills that prioritize security and transparency will differentiate themselves and build lasting trust with their clients. The completion of the SOC 2 Type II examination is a testament to BlockFills' dedication to these principles, promising a robust future for both the firm and its clients in the digital assets landscape.

For more detailed information about BlockFills' ongoing commitment to security and compliance, visit blockfills.com/soc2.