First Answer Pte Ltd
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First Answer Pte Ltd - overview
Established
2021
Location
Singapore, -, Singapore
Primary Industry
Software
About
Based in Singapore, and founded in 2021 by Mahin Gupta, First Answer Pte. Ltd. trading as Liminal, operates as a provider of digital asset wallet infrastructure for managing and protecting digital assets. In May 2022, First Answer Pte Ltd raised USD 4.
7 million in seed funding led by Elevation Capital, with participation from other new investors LD Capital, Woodstock Fund, Nexus Ventures, Hashed Ventures, CoinDCX Ventures, Cadenza Capital Management, Defi Technologies Pte. Ltd. , Better Capital, and Sparrow Capital Management. Other unspecified and individual investors also participated in the round.
As of June 2023, the company has USD 550 million in assets under protection and processed over USD 6,000 million in transactions. First Answer Pte Ltd offers a comprehensive range of products designed to provide a digital asset custody ecosystem for enterprises such as cold wallet solutions for storing digital assets, integrations with various decentralized finance (DeFi) protocols, hot wallet solutions for users who require frequent and immediate access to their digital assets, and enabling users to participate in proof-of-stake (PoS) networks and earn rewards. The company also empowers users to maintain full control and ownership of their digital assets through self-custody. Additionally, the company offers a Vaults App that allows users to perform transactions, and monitor their portfolio.
The company's client base includes Wefi, Zebpay, WazirX, Veera, and Zabira.
Current Investors
Better Capital, Elevation Capital, Sparrow Capital Management
Primary Industry
Software
Sub Industries
e-Financial, Accounting/Finance Software, Application Integration Software, Monitoring & Security Software
Website
www.lmnl.app
Verticals
Blockchain, FinTech, Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
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