Liminal

Liminal is a digital asset custody company that provides wallet infrastructure for crypto-native businesses and institutions. Its platform supports both multi-party computation (MPC) and multisignature wallet architectures across multiple blockchain protocols, with customizable security policies, a transaction shield, transaction confirmation guarantees and plug-and-play integration.

The company positions its automation of wallet refills as a way for exchanges to reduce manual operations by approximately 90%, and cites roughly 5% gas fee savings on Ethereum. Additional platform elements include concierge onboarding for developers, insurance arrangements covering the Liminal key through Lloyd's of London and a $10 million smart contract cover, and a CCSS-compliant platform with AML checks and travel rule support. A stated product roadmap covered DeFi integration, hot wallet as a service, multichain withdrawals and stablecoin rebalancing.

Founding story

Liminal was started in April 2021 by Mahin Gupta, a serial entrepreneur previously associated with BuySellBitco.in, described as India's first blockchain company, and ZebPay, described as the country's largest exchange platform.

Business model

Liminal supplies custody and wallet infrastructure to institutional and business customers, offering a plug-and-play platform that customers integrate to secure and operate digital asset wallets.

Traction

As reported at the time of its funding announcement, the platform had processed over $2.5 billion in transactions and more than $400 million in automated wallet refills, and managed $50 million in assets under protection, with customers including Zebpay, DIFX and Flitpay.

Latest developments

In November 2023 Liminal announced $4.7 million in funding to upgrade the product and expand the team, and noted the launch of an Avalanche Partner Program.