Liminal Custody, a leading provider of digital asset custody and wallet infrastructure, has announced its expansion to Dubai with the opening of an office in the emirate.
The move marks a significant milestone for Liminal as it seeks to cement its role as a key player in the rapidly growing digital asset industry within the MENA region, known for its innovation and institutional adoption.
The new Dubai office will allow Liminal Custody to capitalise on the progressive regulatory environment fostered by the Dubai World Trade Centre (DWTC) Free Zone, which actively promotes blockchain technology and cryptocurrency regulation, the company said in a media release.
This expansion enhances Liminal’s existing presence in the region, which includes a Financial Services Permission (FSP) licence from the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM).
“Our expansion to Dubai, along with our initial approval for a VASP licence from VARA, highlights Liminal’s commitment to fostering the secure growth of the regional digital asset ecosystem,” said Amir Tabch, CEO Middle East at Liminal Custody.
“We are eager to collaborate with established entities like DWTC and work closely with VARA to enhance our service offerings,” he added.
The expansion will enable the company to provide comprehensive custody solutions tailored to the evolving needs of Dubai and the broader MENA market, Tabch said.
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