Digital Digest: The Latest Tech News – Taurus

Editorial Staff 26 September 2023

Digital Digest: The Latest Tech News – Taurus

The latest technology news in the wealth management sector from around the world.

Taurus, the Swiss digital asset platform which issues and manages cryptocurrencies and tokenized assets, has expanded its offerings across a number of fields.

The firm now supports “permissioned blockchains” including Hyperledger BESU, Quorum, and other enterprise-grade private blockchains, which it said are in demand from US and European banks. The firm’s clients can “tokenize any type of assets on public and permissioned blockchains via a single unified platform,” Taurus said in a statement.

“We realised that our clients often manage multiple-use cases running across public or permissioned blockchains on different platforms, some of which are custom made and difficult to maintain,” Vassili Lavrov, head of product at Taurus, said. “We elegantly solve this problem, reducing costs and risks for our clients.”

Most recently, Taurus partnered with Deutsche Bank to allow it to offer custody services to its institutional clients. 

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