Liminal Continues Revolutionizing Digital Asset Management: Unveils Whitelabel Custody Solutions for Web3 Institutions

MANILA, PHILIPPINES – Liminal, a leading regulated digital asset custody provider renowned for its innovative multi-party computation (MPC) wallet infrastructure, recently celebrated its successful two-year journey by announcing that it has processed transactions over $6 billion on its platform, with over $550 million worth of assets under protection. Liminal has grown its customer base annually by 178% CAGR and gross revenue from customers at 73.5% CAGR annually, showcasing its commitment to simplifying digital asset custody with its plug-and-play wallet infrastructure that is secure, compliant, automated, and efficient.

Liminal's commitment to simplifying digital asset custody with its secure and efficient platform has helped it achieve significant milestones in just two years. In line with this Liminal has announced the launch of its Whitelabel Custody Solutions. This new offering will now allow Web3 enterprises to manage digital assets securely and efficiently through a fully customizable and comprehensive platform.

Liminal's Whitelabel Custody Solutions enables businesses to leverage its secure wallet infrastructure and policy management tools while delivering a personalized experience to its clients. By embracing the power of white labeling, enterprises can streamline their services and accelerate their market entry without the complexities of building infrastructure from scratch. Liminal's advanced technology and encryption measures establish a fortified custody infrastructure, safeguarding digital assets from potential threats and unauthorized access. 

Representing a transformative leap in digital asset management for Web3 enterprises, and building on the success of its iOS counterpart, Liminal also announced the launch of its eagerly anticipated Vaults Android app. The Liminal Vaults Android app empowers users with seamless oversight of digital assets, enabling on-the-go transaction approvals and collaborative asset management. The app's user-friendly interface integrates groundbreaking secure Multiparty Computation (MPC) technology, simplifying transaction approvals while upholding stringent security standards. With an extra layer of authentication for each transaction, key control remains uncompromised, making it the preferred choice for Web3 organizations. 

Commenting on the innovative launches, Mahin Gupta, Founder at Liminal, said, "Our mission at Liminal is to empower Web3 institutions with the tools they need to succeed in the ever-evolving digital asset landscape, securely. With our Whitelabel Custody Solutions, we are introducing an opportunity for institutions to establish their own branded and fully customizable custody platforms, enabling them to navigate the complexities of digital asset management with confidence."

“Our next goal is to surpass our growth targets and achieve a $10 billion transaction volume as we have embarked on an exciting journey of transformation through innovation. The introduction of the Vaults Android app and the Smart Consolidation feature, alongside new protocol support, reflects our commitment to empowering users with advanced solutions that simplify the complexities of asset handling. These updates seamlessly blend security, efficiency, and convenience, addressing the evolving needs of the Web3 ecosystem."

Web3 institutions have long grappled with the complexities of custodial services, ranging from wallet security to private key management and compliance checks. The Whitelabel solution offers segregated wallets with multi-user approvals, ensuring an unparalleled level of security. It also enhances fund security, improves transaction processing speed and efficiency, and provides an enhanced user experience. It also offers flexibility to adapt quickly to market trends and changing customer needs. It ensures compliance with anti-money laundering (AML) and know-your-customer (KYC) requirements, fostering trust and transparency while adhering to global regulatory frameworks. 

To further facilitate the growth of startups, Liminal has launched partnership programs with several platforms such as Avalanche, Polygon, Tezos, XinFin, and Builders Tribe, with more in the pipeline. The company has also secured ISO 27001 and 27701 certifications, SOC 2 Type II certification, and CryptoCurrency Security Standard (CCSS) compliance-QSP Level 3, the highest standard in wallet keys and operations management. It is also the official self-custody solution partner for India's leading premier investigation agency and has a $50 million insurance cover underwritten by Lloyds of London.

Liminal Launches ‘Vaults’ Mobile App for Web3 Businesses

1 March 2023—Leading wallet infrastructure platform Liminal has announced its new mobile application, Liminal Vaults, that allows crypto-native companies to make secure transactions on the go while improving efficiency and productivity.

Powered by its secure Multiparty Computation (MPC) technology, Liminal Vaults helps organizations set up secure transactions while enabling them to move assets quickly and securely. Users can also add an extra layer of authentication by utilizing the app's features while carrying out a transaction, giving them complete control over their keys and transactions without compromising security, making it an ideal choice for Web3 organizations.

“We are delighted to launch our iOS app ‘Liminal Vaults’, which empowers our users to approve transactions on the go securely. With the app, we will give users the tools and freedom to make transactions with the assurance of complete privacy and security. In addition, the MPC technology helps store a variety of digital assets with confidence,” Mahin Gupta, Founder of Liminal, said of the launch.

The app’s launch is part of Liminal’s continued efforts to provide an ever-learning and secure platform to store, transfer, and manage digital assets independently.

Growth of blockchain adoption in Southeast Asia

Apps intended for crypto-native or Web3 businesses show the continued growth of crypto and blockchain industries. Southeast Asia is one of the regions leading the charge when it comes to crypto adoption with countries like Vietnam and the Philippines placing first and second respectively out of 146 countries in the most recent edition of the 2022 Global Crypto Adoption Index by blockchain analysis firm Chainalysis.

In the Philippines alone, some 10.9 million Filipinos own cryptocurrencies as of November 2022.

“With the increasing need for a robust infrastructure, it's imperative for Web3 businesses & exchanges to have control of digital assets at any given time. Our app gives enterprises the power to manage transactions while offering the utmost security of self-custody on the go,” explained Dhruvil Shah, Liminal’s SVP for Technology.

Liminal Vaults App is designed to provide a smooth and intuitive experience for all users. From downloading the app to setting up your account and accessing all of its features, the process is quick and effortless with a user-friendly interface. So, whether you are an exchange, HNI, web3 company, treasuries or even an individual who needs to manage digital assets, you can trust Liminal’s simple and seamless onboarding process. 

With the app, you can enable mobile signing access for relevant team members in your organization. Using the app, you can also create and approve policies like whitelisting addresses, transaction limits etc.

The Liminal Vault app is now live in Singapore from the iOS app store and will soon be available in more countries.

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About Liminal

Liminal is an automated wallet infrastructure platform that offers robust security to digital assets. An 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 checks, travel rules and CCSS-compliant platforms, helps projects fast-track their compliance journey.