AnchorWatch Successfully Completes SOC 2 Type 1 Audit

Nashville, TN  – AnchorWatch, Inc., a leading Bitcoin insurance platform, today announced that it has successfully completed a Service Organization Control (SOC) 2 Type 1 audit. The independent auditor’s report, issued on May 15, 2025, covers AnchorWatch’s controls relevant to the Trust Services Criteria for Security, Confidentiality, and Privacy. This achievement underscores AnchorWatch’s commitment to protecting client data and maintaining rigorous security standards across its platform.

The SOC 2 Type 1 audit was performed by Prescient Assurance LLC, an independent third-party CPA firm, in accordance with attestation standards established by the American Institute of Certified Public Accountants (AICPA). The examination evaluated the design of AnchorWatch’s internal controls and verified that, as of the audit date, those controls were suitably designed to meet the SOC 2 criteria for security, confidentiality, and privacy. By successfully completing this audit, AnchorWatch has received independent validation that its control environment adheres to industry-leading standards for safeguarding sensitive information.

“Completing the SOC 2 Type 1 audit is a significant milestone for AnchorWatch,” said Robert Hamilton, CEO of AnchorWatch. “It provides an independent validation of our security, confidentiality, and privacy controls and reinforces the trust our clients place in us to safeguard their Bitcoin. As we continue to grow our platform and services, we remain committed to meeting the highest standards of security and compliance in everything we do.”

SOC 2 Type 1 certification entails an independent assessment of an organization’s controls at a specific point in time. This type of audit confirms that AnchorWatch has implemented and documented appropriate controls to fulfill the stringent Trust Services Criteria for security, confidentiality, and privacy. Achieving SOC 2 Type 1 provides assurance to AnchorWatch’s customers, partners, and stakeholders that critical security practices and data protection measures are in place, laying a foundation of trust and compliance for the company’s operations.

As a Lloyd’s of London Coverholder, AnchorWatch provides regulated Bitcoin insurance coverage with policy limits up to $100 million per customer. This offering is delivered through AnchorWatch’s Trident platform, which combines secure, distributed Bitcoin custody with integrated insurance, enabling clients to store, manage, and protect their Bitcoin holdings within one solution. Through this platform, customers can seamlessly custody their Bitcoin while maintaining insurance coverage backed by the financial strength and oversight of the Lloyd’s market.

With the successful completion of the SOC 2 Type 1 audit, AnchorWatch reinforces its commitment to security and trust. The company will continue to uphold the highest standards of cybersecurity, confidentiality, and operational integrity as it serves the Bitcoin community. AnchorWatch’s ongoing dedication to robust controls and third-party assurances reflects its mission to provide clients with a secure and trusted solution for insured Bitcoin custody.

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