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Liverpool paid Valencia £25million ($34M) plus £4M ($5M) in add-ons for the goalkeeper, who will meet up with his new teammates for the first time next week.
His move to Liverpool was first announced on August 27 2024, when Mamaradashvili became the first signing of the Arne Slot era.
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1 played a full season at Valencia.
He will provide back-up for Alisson, and the long-term vision is for Mamaradashvili to become the Brazilian's heir.
Alisson will turn 33 next season and, while there has been no drop-off in his performance levels, the Reds are making future plans in the goalkeeping department.
The former Roma man has a year remaining on his contract but Liverpool has the option to extend it by a further 12 months, a scenario Alisson said earlier this summer he expects to happen.
Mamardashvili has confirmed he has no plans to leave on loan this season and hopes to continue his development by working alongside Alisson
Liverpool's new recruit will likely be given the opportunity to play in the cup competitions, as did his predecessor, Caoimhin Kelleher.
Mamaradashvili's transfer hastened the Irishman's exit from Liverpool this summer, with Kelleher joining Brentford for a fee of up to £18M ($24M).
In a summer of change in the goalkeeping front, Vitezslav Jaros has also left on loan to join Ajax, while Harvey Davies has departed on a temporary deal and will spend the 2025/26 season at Crawley Town.
Along with Mamardashvili, Liverpool has signed Freddie Woodman on a free transfer from Preston North End
The Hungarian will play primarily for the Under-21s this season and is seen as a long-term acquisition.
It comes as Liverpool announced more changes to the goalkeeping department on Wednesday, with coaches Fabian Otte and Claudio Taffarel leaving, and Xavi Valero, who worked at Liverpool during Rafael Benitez's tenure, returning.