Finery Markets first crypto-native ECN to complete SOC 2 Type 2 examination

Crypto ECN operator Finery Markets announced on Thursday that it has successfully completed its System and Organization Controls (SOC) 2 Type 2 examination.

An SOC 2 Type 2 examination is an audit, backed by the American Institute of Certified Public Accountants, that is supposed to provide confirmation about the operational standards within a firm.

Finery Markets had already passed the Type 1 examination, which assesses the internal systems a company uses and their suitability for its business model.

The second examination is about the efficacy of those systems.