Liminal partners with Metamask to increase institutional crypto adoption

Digital wallet infrastructure platform Liminal has announced a strategic alliance with Metamask Institutional, a global Defi wallet and Web3 gateway for organizations, to drive institutional crypto adoption.

As part of the association, Liminal users can link their wallet to Metamask Institutional and use it just as they would use the de facto Ethereum wallet app.

Metamask is a product of ConsenSys, a leading software company for Ethereum and decentralized protocols. It enables us to build next generation applications, launch modern financial infrastructure and access the decentralized web.

Liminal institutional users can now access and leverage the liquidity of a variety of Defi dApps. Liminal aims to create safer crypto-led investments by providing security solutions to crypto holdings across institutional and private investors.

The formal tax regime for crypto-assets introduced this year has encouraged a large number of institutions to explore digital assets to achieve their financial or business goals.

“We are thrilled to find a like-minded partner in Metamask Institutional,” said Manan Vora, Senior Vice President-Strategy & Operations at Liminal.

The tie-up between Liminal and Metamask Institutional will be a game changer for the booming crypto industry as it will provide an encrypted and highly secure environment for large crypto holdings, he added.

Liminal users simply need to log into their dashboard, click on MetaMask Institutional, set up the browser extension and connect it to their Liminal Ethereum and EVM wallets.

Once complete, they can interact with Defi dApps as they normally would with the MetaMask extension. However, all transaction approvals will be required from all users of Multi-Sig Wallets setup in Liminal.

Liminal Wallet users will be required to request access to MetaMask Institutional, and once approved, can access directly from the Dashboard.

Liz Mathew, Global Head of Growth and Partnerships, MetaMask Institutional, said: “The introduction of Liminal as a manager under Metamask Institutional brings more choice to Metamask Institutional clients and solidifies our position as the premier institutional wallet for Web3.”

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

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