Cryptocurrency investment platform BitSave has partnered with Liminal to enhance the security of customer funds.
By integrating Liminal’s latest compliant archiving solutions, BitSave will instantly improve its operational capabilities, improving both security and efficiency. This integration streamlines the custody process, minimizing delays in transaction settlement schedules, especially during peak periods, and eliminating the cumbersome need to maintain native tokens for gas fees across multiple wallets. This seamless integration aims to provide BitSave’s customers with improved security for assets held on the platform.
“At BitSave, the security and safety of our customers’ assets is our top priority,” said Zakhil Suresh, CEO of BitSave.
“Our partnership with Liminal is focused on providing institutional-grade security for the assets we hold on behalf of our clients. Integrating Liminal’s regulated storage infrastructure increases the security of the platform while also improving operational efficiency. This enhanced security is critical to the adoption of cryptocurrencies as an investable asset class, and we are proud to be the first platform in India to offer institutional custody to retail cryptocurrency investors. “BitSave is committed to setting a new standard in the cryptocurrency investment space, providing customers with the easiest and safest way to invest in digital assets,” he added.
In addition to operational improvements, this partnership provides an additional layer of compliance to the BitSave platform. Liminal’s storage solutions are known for their robust compliance integrations, which help mitigate risk by providing enhanced protection against potential threats.
“With BitSave’s unwavering commitment to innovation and security, Liminal is excited to partner with them to deliver a seamless investment experience based on a bank-grade custody platform,” said Manan Vora, SVP of Strategy and Business Operations at Liminal. He said. “Our collaboration represents a shared commitment to safe, secure and compliant storage for digital asset investors using BitSave and sets a new benchmark for digital asset businesses globally.”
100% of assets held by BitSave in Liminal can be verified through BitSave’s real-time reserves and proof of liabilities available on the mobile app. Additionally, your assets are protected by Liminal’s highest asset-insurance coverage.
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