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Tokeny, the global leading tokenization platform, is thrilled to announce that they have achieved SOC2 Type I compliance, making them the first tokenization platform in the world to earn this esteemed certification. This certification underscores Tokeny’s dedication to top-tier security. While many companies tout their security measures, third-party validators truly reveal a tech stack’s integrity.
This isn’t the first time Tokeny has sought out third-party validators to back up their claims. Notably, the Tokeny-developed, now open-source, ERC3643 standard was audited by renowned Web3 code auditor Hacken, earning a perfect 10/10 score.
For those unfamiliar with SOC2, this report recognizes Tokeny’s commitment to creating the secured enterprise-grade solution that the market deserves. After a careful review conducted by a third-party independent auditor, Tokeny can now undoubtedly prove that all of their departments have the procedures and controls in place to meet the security requirements of the financial markets including:
- HR (from hiring to management)
- Production (covering code changes, security, and releases)
- IT (handling data privacy and assets)
- Customer Success Management (overseeing business continuity and incident communication)
Securing this report marks the initial step in Tokeny’s “Security and Compliance” strategy. Tokeny plans to pursue further certifications, reinforcing its stance as the industry’s premier secure tokenization platform.
This is a massive leap forward for Tokeny’s platform and their organization for market credibility and to certifiably be recognized as an elite enterprise-grade solution.
CTO, Tony Malghem, who has been leading these efforts, voiced his excitement:
Being the first is always special, but what truly excites me is the assurance and trust this brings to our users and clients. At Tokeny, we’ve always aimed for excellence, and this certification is a testament to our dedication to deliver the most secure platform, in order to foster confidence and innovation to all who use our platform. Our journey is only just beginning.
Read the full auditor’s report here.
