MANILA PHILIPPINES- Liminal, a premier wallet infrastructure & custody solutions platform, has announced a collaboration with Figment, the leading provider of staking infrastructure, to offer users a way to earn protocol staking rewards while keeping their assets safe in a Liminal wallet.
Liminal is venturing into the staking world through a partnership with Figment. Under this, support for Cosmos and Solana will go live, with Ethereum, Cardano, and Polkadot to be followed soon. Staking is now available on Liminal's platform, allowing clients to easily delegate their tokens and receive rewards with a high level of security and efficiency.
Protocol Staking is a process in which token holders stake their tokens to help decentralize, secure, and maintain the health of blockchain networks. In return, users receive staking rewards directly from the network. As a reward for participating in the network, stakers receive a steady stream of rewards independent of underlying token prices.
Rahil Shaikh, Director of Blockchain Engineering at Liminal, says, “We are excited to partner with Figment to bring a seamless way to earn protocol staking rewards with assets secured in a Liminal wallet. This integration is an important step towards providing our users with a secure, efficient, and user-friendly way to earn rewards while maintaining the highest levels of security. We are committed to creating a better future of finance, and this partnership is another step towards that goal.”
Eva Lawrence, Head of EMEA at Figment, adds, “We are excited to be partnering with Liminal as they launch their institutional staking strategy. Both Liminal and Figment have security and compliance at the heart of the offerings, and we are pleased to work together to power Liminal’s staking offering. This partnership continues Figment’s growth as the trusted provider for staking services in Europe, Asia and globally.”
For more information, please visit the Liminal Website.
Figment is a leading provider of staking infrastructure. Figment provides the most comprehensive staking solution for over 200 institutional clients, including exchanges, wallets, foundations, custodians, and large token holders, to earn rewards on their crypto assets. These clients rely on Figment’s institutional staking service, including rewards optimization, rapid API development, rewards reporting, partner integrations, and slashing protection. Figment is backed by industry experts, financial institutions, and our global team across twenty-three countries. This all leads to our mission to support the adoption, growth, and long-term success of the Web3 ecosystem. To learn more about Figment, please visit our website at figment.io
About Liminal:Liminal is an automated wallet infrastructure platform that offers robust security to digital assets. A SOC Type 2, ISO 27001 and 27701 certified organisation, Liminal, is based in Singapore. Liminal enables crypto-native companies to securely scale their digital asset operations through automated, plug-and-play wallet architecture. They provide a combination of multi-signature and multi-party computation (MPC) to provide secure, efficient, and compliant access to digital assets. Its operational excellence framework provides efficient fee management, transaction confirmation guarantees, seamless onboarding, and other wallet operations hence, saving businesses significant development costs. Liminal’s unified interface ensures the same wallet management experience across multiple blockchains. Its proprietary regulatory readiness program, which includes AML compliance, travel rule and a CCSS-compliant platform, helps projects fast-track their compliance journey. To learn more about Liminal, please visit our website- https://www.lmnl.app/