Marinade Finance has obtained SOC 2 Type 2 compliance certification following an audit by professional services firm BDO, significantly bolstering security protocols for its Solana staking services and positioning the platform for institutional adoption.
The certification validates Marinade’s operational controls across critical areas including validator infrastructure management, staking operations, and customer data privacy. Unlike SOC 2 Type 1 which evaluates controls at a single point, the Type 2 certification required continuous assessment of effectiveness over a six-to-twelve-month observation period based on standards developed by the American Institute of Certified Public Accountants.
This regulatory milestone enhances Marinade Finance’s readiness to potentially integrate with U.S. Solana exchange-traded funds (ETFs), as heightened security compliance addresses scrutiny requirements for cryptocurrency investment products. The certification aligns the platform with institutional operational standards, potentially accelerating professional investment in Solana staking services.
The achievement reflects a broader industry movement where blockchain-native protocols increasingly adopt traditional financial compliance frameworks to meet evolving regulatory expectations while maintaining decentralized service offerings.