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Singapore's Liminal partners with Dubai's Encryptus

Liminal's secure custody solutions, supporting over 50+ businesses and 20+ chains, perfectly complement Encryptus's robust crypto-to-fiat off-ramp capabilities.

Singapore's Liminal partners with Dubai's Encryptus

Friday January 19, 2024,

2 min Read

Digital asset custody and wallet infrastructure provider Liminal has partnered with Encryptus, a Dubai-based firm, to offer a unified pathway for institutions to convert crypto to local currencies.

Liminal says its secure custody solutions, used by over 50 businesses and 20 chains, integrate with Encryptus's robust crypto-to-fiat off-ramp capabilities, enabling users to convert digital assets into fiat currencies for convenient payments across over 54 countries via bank wires and mobile wallets.

“This collaboration will undoubtedly enhance our ability to provide solutions to our clients globally," Manhar Garegrat, Country Head India and Global Partnerships at Liminal said.

The collaboration includes expanded clientele access for Encryptus as it taps into Liminal's diverse customer base.  It integrates its off-ramp solutions into its Vaults app, enabling direct crypto-to-fiat transfers, streamlining transactions, addressing compliance issues, and improving global business accessibility.

Encryptus, founded in 2021, provides secure, efficient solutions for large-scale transactions that eliminate intermediaries.

The company says it provides reliable off-ramp services, ensuring regulatory compliance and user confidence in the crypto landscape.

Singapore-based digital asset custody and wallet infrastructure provider Liminal is certified by CCSS Level 3, SOC Type 2, and ISO 27001 & 27701. With offices in Singapore, APAC MENA, Europe, Hong Kong, Singapore, India, and Abu Dhabi, it offers bespoke wallet infrastructure for self-custodial businesses and custody services.

Liminal provides peace of mind to businesses of all sizes, including crypto exchanges, OTC desks, Web3 Projects, DAOs, Treasuries, and other crypto-native businesses.

In 2023, Liminal received an In-Principle Approval from the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM) to operate as a custody provider for Virtual Assets, marking a significant expansion in the Middle East region.




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Edited by Affirunisa Kankudti