Taurus integrated the Solana network into its enterprise custodial and RWA solutions, aiming to enhance efficiency and automate operational and financial processes.
Swiss FinTech company Taurus announced the integration of its asset custody and tokenization solutions with the Solana blockchain. This integration will allow banks and financial institutions to securely manage digital assets and issue tokenized products on Solana.
The integration applies to two key Taurus enterprise solutions:
- Taurus-CAPITAL, a tokenization and issuance platform that enables the creation of programmable tokenized assets using token extensions;
- Taurus-PROTECT, a custodial storage platform that ensures secure storage, management, and staking of tokenized assets.
Jürgen Hofbauer, Head of Global Strategic Partnerships at Taurus, emphasized that Solana’s scalability and cost efficiency are unmatched. Thanks to the integration, banking and corporate clients will gain access to advanced RWA tools. In particular, Taurus-CAPITAL will enable cost-effective and seamless tokenization of equity, debt obligations, structured investment products, funds, bank deposits, CBDCs, and other assets.
In October 2024, Taurus and Chainlink Labs joined forces to address the key challenges institutional investors face when working with tokenized assets.
