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Netcoins Reinforces Leadership in Regulated Crypto with New SOC Trust Center
Globenewswireยท 2025-08-19 12:30
Core Viewpoint - BIGG Digital Assets Inc. announced that its subsidiary Netcoins achieved SOC 2 Type 2 compliance, a significant milestone in information security, on August 1, 2025, coinciding with the launch of its Trust Center [1][8]. Group 1: Compliance and Security - The Netcoins Trust Center serves as a centralized hub for customers, partners, and regulators to access detailed information about the company's security, compliance, and privacy practices [2]. - The Trust Center enhances stakeholder confidence, streamlines due diligence for institutional partners, and solidifies Netcoins' leadership in regulated cryptocurrency trading in Canada [3]. - Netcoins has completed its SOC 2 Type 1 audit on September 24, 2024, and the SOC 2 Type 2 audit for the period from October 2024 to July 2025 [8]. Group 2: Company Commitment and Future Plans - The CEO of Netcoins emphasized the company's commitment to regulatory compliance and the advancement of its CIRO application process, which are crucial for future growth [4]. - The company plans to complete its SOC 1 Type 1 audit by the end of September 2025 and achieve SOC 1 Type 2 compliance in 2026 [8]. Group 3: Company Overview - BIGG Digital Assets Inc. operates and invests in crypto businesses that promote a compliant and secure digital asset ecosystem, with a portfolio that includes Netcoins, Blockchain Intelligence Group, and TerraZero [5][9]. - Netcoins provides secure, regulated access to a variety of digital assets, catering to both retail and institutional investors in Canada [6].