Key Takeaways
- Liminal’s White-label Custody Solution allows enterprises to harness Liminal’s secure wallet infrastructure and policy management tools while delivering a personalized and branded experience to their clients.
- It empowers institutions to build secure, compliant, and efficient digital asset management platforms tailored to their unique needs.
- It includes features like segregated wallets with multi-user approvals, enhancing fund security, improving transaction processing speed, and enhancing the user experience.
- The solution offers a wide range of features, including full customization of the platform, advanced security measures, and compliance with AML and KYC regulations.
- It caters to both custodial and non-custodial preferences, ensuring institutions have the flexibility to choose the setup that best suits their requirements while maintaining control over their digital assets.
Liminal, a crypto custody provider known for its innovative multi-party computation (MPC) wallet technology, has unveiled its White-label Custody Solution. This offering is designed to empower Web3 enterprises by enabling them to securely and efficiently manage digital assets through a customizable platform. By leveraging Liminal’s secure wallet infrastructure and policy management tools, businesses can enhance their services while avoiding the complexities of building infrastructure from scratch.
Liminal has demonstrated impressive growth despite industry challenges. They’ve reported processing transactions amounting to $5.6 billion and protecting assets worth over $550 million. This achievement is remarkable given the industry’s challenges, highlighting Liminal’s ability to grow its customer base at a Compound Annual Growth Rate (CAGR) of 178% and increase gross revenue from customers at a CAGR of 73.5% over the past two years.
White label custody solutions have gained traction in the digital asset space due to the growing demand for customizable options. Liminal mentioned in press release shared with AlexaBlockchain that its white-label Custody Solution aims to address the challenges faced by institutions, offering top-tier security and compliance within its robust infrastructure and policy management tools.
Web3 institutions have long struggled with the complexities of custodial services, including wallet security, private key management, and compliance checks.
Liminal said that its solution offers a transformative approach, allowing institutions to build secure, compliant, and efficient digital asset management platforms tailored to their needs.
Using Liminal’s MPC-based technology, Web3 enterprises can manage their digital assets with exceptional security and efficiency, including segregated wallets with multi-user approvals for enhanced security, improved transaction processing speed, and an enhanced user experience.
Rahil Shaikh, AVP of Product and Blockchain at Liminal, emphasized the company’s mission to empower Web3 institutions in the evolving digital asset landscape.
With the White-label Custody Solution, institutions can establish their own branded and fully customizable custody platforms, enhancing their confidence in navigating digital asset management complexities.
Liminal said that its white-label Custody Solution offers personalization, security, compliance, and support features. It allows institutions to customize various aspects, from user interface design to security protocols, while remaining adaptable to market trends and customer needs.
The solution prioritizes security with advanced technology and encryption measures, safeguarding digital assets against threats and unauthorized access. Additionally, it ensures compliance with anti-money laundering (AML) and know-your-customer (KYC) regulations, promoting trust and transparency within global regulatory frameworks.
Liminal’s offering caters to both custodial and non-custodial preferences, providing advanced security features and private key management in the former, and asset control and automation capabilities in the latter. Overall, Liminal’s White-label Custody Solution offers institutions unparalleled security, efficiency, and control over their digital assets.
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