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Liminal x OpenFintech: Ushering in a New Era of Simplified Custody

| December 11, 2023

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Liminal x OpenFintech

The digital asset landscape is witnessing a remarkable surge in adoption, driven by the growing recognition of cryptocurrencies as a viable asset class to invest in. This surge, however, is accompanied by a heightened demand for robust and transparent crypto trading platforms that can cater to the evolving needs of investors.

Retailer investors at large look at a few standard parameters to pick before committing to a long-term investment cycle, namely flexibility, bank-grade asset security, self-custodial access of wallets, transparent reporting and investing expertise. 

Most traditional investment platforms seldom fail to comply with major institutional-grade security protocols, custody of assets at large volume and efficient processing of transactions. 

At Liminal, we are committed to primarily eliminating the functional problems faced by investing platforms, helping them scale their wallets and run a streamlined operation coupled with top-notch compliance and security. 

Bringing Regulated Custodial Infrastructure In OpenFintech’s Investing and Trading App

Working closely with trading firms and exchanges since inception, we are again stepping up the game to procure an exceptional institutional-level wallet experience for our new partner-in-custody. 

We are elated to introduce our new custody client, OpenFintechSolutions, a pioneering firm developing a transparent and secure cryptocurrency investment platform. 

In a bid to democratise crypto investing and empower retail investors, OpenFintechSolutions is spearheading a revolutionary platform designed to streamline crypto investment and portfolio management. 

Recognising retail investors’ diverse needs and risk profiles, OpenFintechSolutions has meticulously crafted a solution that caters to a broad spectrum of users.

“We are thrilled to join forces with OpenFintechSolutions, a company that shares our vision of making crypto investing accessible, secure, and scalable to all. By combining Liminal’s robust custodial infrastructure with OpenFintech’s innovative platform, we are creating a powerful solution to empower retail investors to navigate the crypto landscape and achieve their financial goals confidently.”

Mahin Gupta

Founder, Liminal

Addressing Security Concerns and Enhancing Asset Management Capabilities

OpenFintech’s primary challenge was finding a secure and scalable wallet infrastructure solution that could support the leading chains and tokens to expand its client asset offerings. 

Liminal’s consolidated infrastructure, backed by industry-leading security protocols and certifications, provided the perfect solution to address OpenFintech’s concerns.

OpenFintechSolutions has signed up for the following services to procure the best possible setup for their crypto investment platform:

  • Regulated Custody: OpenFintechSolutions has integrated Liminal’s institutional-grade custody solution, utilising both our hot and cold wallets to safeguard digital assets with the utmost diligence. This regulated custody approach ensures compliance with industry standards and regulatory requirements, providing OpenFintech’s clients with peace of mind.
  • Institutional Staking: To maximise the utilisation of their digital assets and generate passive income streams, OpenFintech will employ Liminal’s cold-wallet staking function. This solution enables OpenFintech to participate in staking protocols directly from their secure cold storage infrastructure, earning rewards without compromising security.

OpenFintech Users Can Invest with Confidence, Backed by Liminal’s Custodian Badge

Solving the first and foremost problem for OpenFintech users by providing them with the badge of working with a CCSS-compliant custodian, we are taking their infrastructure one stage higher. 

Powered by our MPC-powered wallets, automation-enabled liquidity management, firewall monitored risk and compliance adherence, we are confident that OpenFintechSolutions will be able to present Flex Invest 100+(their key product) to their users with utmost confidence. 

This partnership will showcase our extensive wallet infrastructure deployment and how well it aligns with institutions establishing secure custody of their users’ assets.

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