Friday, November 22

Crypto investment platform BitSave has partnered with Liminal to enhance security for their client funds.

By incorporating Liminal’s cutting-edge and compliant custody solutions, BitSave will improvise its operational functions, enhancing both security and efficiency. This integration will streamline the custody process, minimizing delays in transaction settlement timelines especially during peak periods, and will eliminate the cumbersome need to maintain native tokens for gas fees across multiple wallets. This seamless integration aims to provide BitSave’s clients with enhanced security for their assets held on the platform.

“At BitSave, the security and safety of our clients’ assets are our top priorities,” said Zakhil Suresh, CEO at BitSave.

“Our partnership with Liminal focuses on providing institutional-grade security for the assets we hold on behalf of our clients. Integrating Liminal’s regulated custody infrastructure enhances the security of our platform while improving our operational efficiency. This enhanced security is crucial in driving the adoption of crypto as an investable asset class, and we are proud to be the first platform in India to offer institutional custody to retail crypto investors. BitSave is committed to setting new standards in the crypto investment space, ensuring our clients have the easiest and safest way to invest in digital assets,” he added.

In addition to operational improvements, the partnership brings an additional layer of compliance to BitSave’s platform. Liminal’s custody solutions are known for their robust compliance integrations, which help in mitigating the risks providing enhanced protection against potential threats.

“With BitSave’s unwavering dedication to innovation and security, Liminal is thrilled to join forces with them to provide a seamless investing experience on the back of our bank-grade custody platform” stated Manan Vora, SVP of Strategy & Business Operations at Liminal. “Our collaboration signifies a shared commitment to safe, secure and compliant custody for digital asset investors using BitSave, and sets a new benchmark for digital asset businesses globally.”

100% of the assets held by BitSave on Liminal can be verified via BitSave’s live Proof-of-Reserves and Liabilities available on their mobile app. Additionally, the assets are also protected by Liminal’s highest asset-to-insurance coverage.

Read Also: Crypto Investment Platform BitSave Appoints Banking Veteran Ashwinder Raj Singh as Chief Advisor

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R Shah is a journalist and writer based out of Delhi, India. She is an Economics graduate from Delhi University. She can be reached at R.Shah@alexablockchain.com.

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