Taurus is best known as a digital asset custody technology provider with its Taurus-PROTECT solution. Today it is announcing Taurus-NETWORK, which will enable its clients to collaborate on digital assets, particularly for collateral. It refers to it as an interbank network because it boasts several banks as clients, including the relatively recent addition of the world’s second largest global custodian, State Street.
Banking investors in Taurus include Credit Suisse, Deutsche Bank, Arab Bank Switzerland and Pictet Group. Plus, others such as CACEIS and Santander are also amongst Taurus’ 35 banking clients.
The early participants in the network include Arab Bank Switzerland, Capital Union Bank, Flowdesk, ISP Group, Misyon Bank, and Swissquote.
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