Thu, Nov 21 2024

Liminal introduces a framework for institutional custody.

March 04, 2024
2 Min Reads

With pride, Liminal Custody Solutions (Liminal), the APAC and MENA region's fastest-growing provider of digital asset custody and wallet infrastructure, announces the introduction of its Institutional Custody Offering.

This is a reaction to institutional investors' growing need for safe and legal digital asset solutions.

Institutions need scalable solutions for digital asset storage and strong protection as digital assets become more widely used. The Institutional Custody Offering from Liminal provides both via a multi-layered strategy that consists of the following:

  • Best-in-class security measures: Unmatched asset protection is ensured by FIPS-certified hardware devices, such as the Ledger Nano X and Thales LUNA, geographic key distribution via multi-signature wallet configurations, and seed-phrase storage with access control.
  • Unwavering compliance: Certifications for SOC 2 Type II, ISO 27001 & 27701, and CCSS Level-3 ensure that the strictest security and compliance requirements are met.
  • Advanced wallet management and protection: Off-balance sheet storage, verifiable proof-of-reserve reports, separated accounts, and frequent penetration testing strengthen your digital assets.
  • Granular policy control: By proactively protecting your investments, Liminal's in-house firewall engine allows unique processes for threshold monitoring, Anti-Money Laundering (AML), Travel Rule compliance, and transaction risk analysis.

Liminal provides scalable and secure custody solutions to a range of institutions, including as corporate treasuries, hedge funds, family offices, OTC desks, VC and PE funds, and exchanges. Using a unique Firewall engine, encryption, Multi-Sig and MPC technologies, and best-in-class security features, Liminal's Institutional Custody Offering automates policy enforcement security across the digital asset wallet ecosystem. This multi-layered strategy gives clients unmatched peace of mind by guaranteeing the security of their digital assets.

The "segregation of duties" idea, which establishes distinct roles for each party and maintains market integrity, has long been the foundation of traditional financial markets. Considering how many institutions are showing interest in digital assets, security and compliance are still crucial. We address these issues head-on at Liminal with our Institutional Custody Offering, giving institutions a safe and legal platform to safely join this cutting-edge asset class. With Liminal, your reliable partner in the digital revolution, you may take advantage of new investment opportunities and realize your aspirations for digital assets. stated Manan Vora, SVP of Liminal's Strategy & Business Operations.

Institutions can choose the best security protocols and knowledgeable assistance by selecting Liminal's Institutional Custody Offering, which enables them to traverse the world of digital assets with assurance and peace of mind.

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