Liminal extends its institutional digital custody solution to India
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Liminal extends its institutional digital custody solution to India 04 March 2024India Reporter: AST
Image: AdobeStock/Vladimir
Singapore-based digital asset specialist Liminal Custody Solutions has launched an institutional custody service in India to meet the growing demand from institutional investors for secure and efficient digital asset services.
With this release, Liminal will extend its digital asset custody and wallet infrastructure into the Indian market, operating the service from its New Delhi office.
This employs a multi-layered approach, the company indicates, delivering security measures, encryption, multi-signature and multi-party computation technology, along with a proprietary firewall engine to automate policy enforcement security in the digital asset wallet ecosystem.
This represents the latest step in Liminal’s strategy to extend its coverage to institutional investors in the Asia Pacific and MENA regions, including family offices, hedge funds, digital exchanges, corporate treasurers, OTC desks, private equity and venture capital funds.
Commenting on the release, Liminal senior vice-president for strategy and business operations Manan Vora says: “Traditional financial markets have long thrived on the principle of ‘segregation of duties’, ensuring market integrity through clear divisions of responsibility.”
“With a large number of institutions expressing interest in digital assets, security and compliance remain paramount. With our Institutional Custody Offering at Liminal, we address these concerns head-on, providing a secure and compliant platform for institutions to confidently enter this innovative asset class.”
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Image: AdobeStock/Vladimir 