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Digital asset infrastructure provider Liminal Custody has announced that it has processed more than $100 billion in total on-chain transaction volume across its platform, marking a major milestone in the firm’s institutional digital asset operations.
The company said the figure represents nearly five million transactions executed across more than 20 blockchains, reflecting steady growth in the adoption of its infrastructure by institutional clients. Liminal’s expansion has been largely driven by stablecoin-focused cross-border payment firms, liquidity providers and major cryptocurrency exchanges that rely on secure custody infrastructure.
Commenting on the milestone, founder and chief executive officer of Liminal Custody, Mahin Gupta, said the achievement reflects the increasing role of digital asset infrastructure in real-world financial systems. According to him, the platform’s growth has been supported by continuous investment in reliability, security and operational resilience.
Over the past three years, the platform has recorded significant growth in transaction volumes. Annual processed volume rose from $1.4 billion in 2022 to $72 billion in 2025, representing a 50-fold increase within the period. By February 2026, cumulative transaction volumes had crossed the $100 billion mark.
The platform’s highest monthly volume was recorded in October 2025, when it processed $11.9 billion in transactions during a period of significant volatility in the cryptocurrency markets. The company said the performance demonstrated the resilience of its infrastructure even during periods of market stress.
Transaction activity has also scaled steadily alongside volumes. In 2025 alone, the platform handled approximately 1.8 million transactions, contributing to the nearly five million transactions processed since its launch.
Liminal currently serves more than 80 businesses across 12 countries, providing digital asset custody infrastructure that supports cross-border payments, treasury operations and liquidity management. For many of these organisations, the platform functions as a core operational layer rather than a supplementary service.
Stablecoins play a central role in the platform’s transaction mix, particularly Tether and USD Coin, which account for the majority of assets processed through the infrastructure. The dominance of these assets reflects growing institutional use of stablecoins for cross-border settlements and treasury management.
To support institutional-grade operations, the platform incorporates a range of security and governance mechanisms designed to maintain operational integrity at scale. These include transaction simulation for pre-execution transparency, protections against blind signing, configurable policy enforcement through a firewall framework, automated gas management and wallet maintenance tools, and disaster recovery capabilities for multi-party computation and multisignature wallet models.
The company’s infrastructure is supported by a workforce of more than 130 employees, with most of its technical capacity focused on engineering, cybersecurity and infrastructure development. Liminal also maintains internationally recognised compliance certifications, including ISO 27001, ISO 27701 and SOC Type 2 standards.
Looking ahead, Liminal said it plans to focus on enhancing stablecoin liquidity management tools and institutional treasury workflows as digital assets continue to gain traction in global financial systems. The company believes that stablecoins remain in the early stages of adoption within the multi-trillion-dollar cross-border payments market and expects demand for secure institutional infrastructure to continue rising.
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