Taurus SA, a leading digital asset technology provider, has announced a global partnership with Deutsche Bank, one of the world’s largest financial services providers. This collaboration will see Deutsche Bank integrate Taurus’ advanced technology to establish digital asset custody and tokenization services.
Taurus, founded in 2018, offers enterprise-grade digital asset infrastructure for issuing, storing, and trading various digital assets, including cryptocurrencies, tokenized assets, non-fungible tokens (NFTs), and digital currencies. The partnership with Deutsche Bank is a natural extension of the bank’s recent focus on digital assets.
Lamine Brahimi, Co-founder of Taurus, expressed enthusiasm for the partnership, saying, “We are pleased to implement this global partnership with Deutsche Bank and look forward to supporting the bank in launching digital assets and distributed ledger technology (DLT)-based products and services across several booking centers.”
Paul Maley, Global Head of Securities Services at Deutsche Bank, emphasized the growing importance of the digital asset space, stating, “As the digital asset space is expected to encompass trillions of dollars of assets, it’s bound to be seen as one of the priorities for investors and corporations alike. As such, custodians must start adapting to support their clients.”
Earlier this year, Deutsche Bank participated in Taurus’ successful $65 million Series B funding round, alongside other prominent financial institutions such as Credit Suisse, Pictet Group, and Arab Bank Switzerland.
Taurus, a Swiss FinTech company, provides digital asset infrastructure to a wide range of financial institutions, including systemic banks, online banks, crypto-banks, and broker-dealers. The company operates a marketplace for private assets and tokenized securities, catering to clients’ diverse needs and risk tolerances.
As the digital asset market continues to grow and gain traction, partnerships like this one between Taurus and Deutsche Bank will play a crucial role in facilitating the adoption and integration of digital assets into traditional financial services. The collaboration between these two industry leaders signifies a significant step forward in the evolution of the digital asset ecosystem.
For more information about Taurus, please visit www.taurushq.com.
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