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SOC 2 · Crypto & Web3

SOC 2 for Crypto & Web3

Your customer, investor, or auditor just made SOC 2 a requirement. Here is what it takes, what drives the timeline, and how a Toronto team gets you there.

Crypto and Web3 companies face SOC 2 from institutional customers and partners, on top of unique key-management and exchange risks. We deliver SOC 2 readiness built for that environment.

Book a free readiness call Full SOC 2 service
From $3,000 CAD · Phase 1 gap analysis See full pricing →

Why Crypto & Web3 companies need SOC 2

  • Institutional counterparties, banking partners, and enterprise customers increasingly require SOC 2 before working with a crypto business.
  • Key management, wallet custody, and smart-contract deployment pipelines become critical in-scope controls.
  • The crypto threat model (exchange compromise, key theft, hot/cold wallet segregation) has to be reflected in the control set.
  • A SOC 2 report signals operational maturity in a sector where counterparties are especially cautious.

More context on this sector on our Crypto & Web3 industry page, and on the framework itself on our SOC 2 hub.

What our SOC 2 engagement covers

Tailored to Crypto & Web3, delivered by a Toronto security and compliance team led by a published security researcher, with our offensive-security partner where offensive testing is involved.

  • Key-management and wallet-custody controls in audit scope
  • Smart-contract deployment and change-management evidence
  • Trust Services Criteria scoping and a gap assessment against your current controls
  • Policies, procedures, and a lift-and-adopt evidence repository
  • Control implementation across IAM, change management, vendor risk, and incident response
  • Auditor introduction and Type I / Type II audit coordination

See the full SOC 2 service page, or productized pricing for fixed-scope engagements.

Related pages

SOC 2 for Crypto & Web3: common questions

Does SOC 2 cover our smart contracts?

SOC 2 covers the controls around how you develop, review, and deploy them (change management and access), not a line-by-line code audit. We pair it with a smart-contract-aware pentest when that is the concern.

How is key management handled in SOC 2?

As a set of access and cryptographic controls. We document hot/cold segregation, signing controls, and key rotation as evidence.

Will SOC 2 satisfy institutional counterparties?

It is frequently required, though large counterparties often add their own diligence. We build evidence that answers both.

SOC 2 for Crypto & Web3, on your timeline

Book a free 30-minute discovery call. We will tell you whether this engagement fits, what it would cost, and when we could start.

Book a call Contact us

The same work, without the line item

Every readiness programme needs a control library, an evidence register, policies and a score for the board. Being quoted five figures a year for that is normal. Paying it is not.

traztech Workspace Other GRC platforms
Licence cost $0. Free forever, no card, no paid tier $7,500 to $50,000 a year, on an annual contract
Control library, evidence register, policy templates, risk register, vendor questionnaires, readiness scoring Included Included
What it costs inside an engagement with us $0. You need a workspace either way Unchanged. The subscription sits on top of the fee
What it does to your audit quote A documented readiness position the audit firm can scope and price against Nothing. The audit firm prices your readiness, not your tooling

Platform pricing is a publicly reported range, since none of them publish a number. The fuller comparison, including when a paid platform is the better buy, is on the Workspace page.

Track record

Who is actually doing the work

We would rather show you the work than a wall of logos. Here is what is behind the advice.

5
Published CVEs, including a CVSS 9.1
Zero
Exceptions on a SOC 2 Type II built from nothing in-house

Published vulnerability research

Five published CVEs. CVE-2024-45163 (CVSS 9.1) is a flaw in the Mirai botnet itself, which gave defenders a way to shut down attacker infrastructure. CVE-2026-42626 takes HP ENVY 5000 printers offline from any unauthenticated device on the same network.

The printer is the one that matters on a compliance page: an asset nobody counts as a computer, on a flat network, downed by a device that never had to log in. Auditors ask how controls fail. We have found out first-hand.

A SOC 2 Type II built from nothing

At Humera, a venture-backed US security company, Jacob built the compliance programme in-house from nothing: no report, no policies, no documented controls. It ended in a Type II attestation with zero exceptions.

The platform stayed in production throughout, which is the part most readiness projects get wrong: controls are easy to design and hard to retrofit onto a system people already depend on.

Recent engagements

For a Waterloo data centre operator we ran SOC 2 Type II and ISO 27001:2022 together rather than one after the other, across a production campus, an AI compute platform and a self-hosted collaboration stack. Scoped so further Ontario and Quebec sites enter as they reach production. Findings delivered and remediated.

For an Ontario medtech company putting an AI clinical assistant in front of practitioners, we ran the gap analysis and built the evidence programme behind their SOC 2.

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