Coinbase’s prime broker platform, Coinbase Prime, has received two System and Organization Control (SOC) attestation reports that verify that an organization follows industry best practices.
Coinbase Prime received SOC 1 Type 2 and SOC 2 Type 2 certifications, according to a blog post on Tuesday. The reports are governed by the American Institute of Certified Public Accountants (AICPA) and were conducted for Coinbase by auditor Deloitte, according to a Coinbase spokesperson.
“These two certificates … reinforce that Coinbase Prime’s system requirements, service commitments, and data protection safeguards meet the rigorous standards necessary to provide the safest prime brokerage solution in the crypto ecosystem,” the blog post said.
UPDATE (Dec. 14, 13:57 UTC): Added that Deloitte conducted the reports for Coinbase.
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