Bengaluru, India, 29th May 2024 - BitSave, the leading crypto investment platform, is excited to announce a strategic partnership with Liminal, the digital asset custody solution provider, to enhance security for their client funds with a compliant and regulated solution. This collaboration marks a significant step forward in BitSave's mission to provide a secure, transparent and user-friendly crypto investment experience.
The partnership between BitSave and Liminal align with the growing pace of crypto and the evolving needs of its investors. 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.
About BitSave
BitSave is a crypto investment platform offering compliant, transparent and easy-to-understand digital asset investment products to salaried/working professionals and financial distributors. With a collective experience of over 40 years in the crypto industry, BitSave’s team is well-versed in the intricacies of digital asset management and is dedicated to providing innovative solutions to their clients. BitSave’s flagship offering is a crypto index product that tracks Bloomberg Galaxy Crypto Index.
