Liminal Custody Solutions, a leading provider of digital asset custody and wallet infrastructure solutions, has acquired the vital Financial Services Permission (FSP) – a prestigious license – from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA), to operate as a regulated custodian within the Middle East.

This license strengthens Liminal’s commitment to regulatory compliance and innovation within the rapidly expanding digital asset space, thereby making it a reliable partner for institutions looking to safeguard their digital assets. The milestone paves the way for Liminal to cater to a broader customer base.

While talking about the achievement, Mahin Gupta, founder of Liminal Custody Solutions, said that they were honoured to receive the license, which was a powerful validation of their commitment to compliance. “We are confident that this achievement will further empower us to deliver best-in-class custody solutions to our clients,” he added.

Arvind Ramamurthy, Chief of Market Development at ADGM, congratulated Liminal on receiving the license. “We look forward to witness Liminal’s contribution to the growth of the digital asset industry in Abu Dhabi and beyond,” he said.

Amir Tabch, CEO of Liminal Custody Solutions Middle East and Senior Executive Officer of the Category 3C ADGM-regulated entity First Answer Middle East Limited, remarked: “We aim to equip institutions with the confidence to explore the digital asset realm, tapping into its vast, transformative potential. This milestone is a springboard for Liminal’s continued growth.” –  editor@nrifocus.com