Block Earner Achieves SOC 2 Type 1 Attestation, Strengthening Trust in Crypto-Backed Lending

Block Earner has achieved SOC 2 Type 1 attestation, an independent, US-recognised security standard, adding to the ISO/IEC 27001 certification it secured in May. Together, these milestones give customers and partners independent assurance that Australia's home of crypto-backed loans is built on enterprise-grade security and compliance.

For anyone borrowing against their crypto, the question underneath every other question is simple: is this platform protected? This attestation is part of our answer.

SOC 2 (System and Organization Controls 2) is a widely recognised attestation standard developed by the American Institute of Certified Public Accountants (AICPA). It evaluates how a company manages data based on Trust Services Criteria, including security, availability and confidentiality.

A SOC 2 Type 1 attestation confirms that an organisation's security controls are appropriately designed at a specific point in time. It is, in effect, the US-market counterpart to ISO/IEC 27001, the leading international information-security standard. Block Earner's SOC 2 Type 1 attestation was independently issued by Sensiba, covering security, availability and confidentiality for our software-as-a-service system.

We're not stopping there. SOC 2 Type 2, which tests those controls in operation over an extended period, is the next step on our roadmap.

When you take out a crypto-backed loan, you hand a platform custody of digital assets. That makes the platform's security posture central, not peripheral, to the product.

Block Earner is the home of crypto-backed loans in Australia, letting individuals and businesses borrow Australian dollars against their cryptocurrency, without selling it. Independent attestation means you don't have to take our word for our security; a qualified third party has examined it.

Crypto-backed lending shouldn't mean compromising on safety or compliance. Block Earner has assembled a trust stack that few platforms in the Australian digital-asset space can match:

SOC 2 Type 1 — independent US-recognised attestation of our security controls (security, availability and confidentiality).

ISO/IEC 27001 certification — the leading global standard for information security management, achieved last quarter.

Australian Credit Licence (ACL) — Block Earner is the first crypto company in Australia to secure an ACL, the same regulatory foundation that underpins mainstream consumer lenders.

AUSTRAC registration — registered as a Digital Currency Exchange and Independent Remittance Provider, meeting Australia's anti-money-laundering and counter-terrorism-financing obligations.

Sumsub — an all-in-one suite for Know Your Customer (KYC), Know Your Business (KYB), and Anti-Money Laundering (AML).

Award-winning crypto loans — Winner of Excellence in Consumer Lending at the 2026 Finnies, FinTech Australia's national awards, alongside back-to-back wins in 2024 and 2025 for Excellence in Distributed Ledger, Blockchain and Crypto.

Achieving SOC 2 Type 1 is a key milestone for Block Earner as an industry leading crypto lender in Australia. US partners and enterprise customers increasingly treat SOC 2 as essential, not optional, and pairing it with ISO/IEC 27001 positions Block Earner to meet the expectations of international markets while continuing to serve Australian borrowers.

It also reflects how the company operates day to day. Going through a rigorous attestation process surfaces opportunities to do things better, and then actually do them, which ultimately benefits every customer who trusts us with their assets.

If you're holding Bitcoin, Ethereum or XRP and want to unlock value without selling, Block Earner offers fast, flexible crypto-backed AUD loans, backed by independently attested security and with Australian regulatory licensing.

**What is SOC 2 Type 1? **SOC 2 Type 1 is an independent attestation, based on standards from the American Institute of Certified Public Accountants (AICPA), that confirms an organisation's security controls are appropriately designed at a point in time. It is widely recognised in the US market as the counterpart to ISO/IEC 27001.

Is Block Earner safe to use? Block Earner holds SOC 2 Type 1 attestation and ISO/IEC 27001 certification for information security, operates under an Australian Credit Licence, and is registered with AUSTRAC. It is also the 2026 Finnies winner for Excellence in Consumer Lending.

What is the difference between SOC 2 Type 1 and Type 2? Type 1 assesses whether security controls are properly designed at a specific point in time. Type 2 assesses whether those controls operate effectively over an extended period. Block Earner holds Type 1 and is pursuing Type 2.

Does Block Earner have an Australian Credit Licence? Yes. Block Earner is the first crypto company in Australia to be granted an Australian Credit Licence, the same regulatory framework that applies to mainstream consumer lenders.

Can I borrow against my crypto without selling it? Yes. Block Earner's crypto-backed loans let you borrow Australian dollars using your cryptocurrency as collateral, so you keep exposure to future price movements while accessing cash now.

Disclaimer: The information contained in this blog is general in nature and is provided for informational purposes only. It does not constitute financial, legal, or tax advice, and should not be relied upon as such. Block Earner does not guarantee the accuracy or completeness of any information presented. You should consider your own personal circumstances and seek professional advice before making any financial or investment decisions. Past performance is not indicative of future results. All investments carry risk. *Approved applicants only. Terms, conditions, fees and charges apply. Credit provided by Web3 Loans Pty Ltd ACN 668 516 952 and managed by Web3 Ventures Pty Ltd trading as Block Earner (ACN 655 090 869) under Australian Credit License 542689.