/cryptocurrency

News and resources on digital currencies, crypto assets and crypto exchanges worldwide.

Taurus takes digital asset custody and tokenization platform to Solana

Taurus, a global leader in digital asset infrastructure, today announced the integration of its custody platform, Taurus-PROTECT, and its digital issuance and tokenization platform, Taurus-CAPITAL, with the Solana network.

  0 Be the first to comment

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

Solana, a high-performance blockchain designed for scalability and low-cost transactions, is a trusted platform for global financial institutions and developers seeking to build tokenized asset solutions.

This integration empowers banks and issuers to securely custody and stake any Solana-native tokenized assets via Taurus-PROTECT, and to issue programmable tokenized assets on Solana using token extensions through Taurus-CAPITAL. By leveraging Solana's high throughput and low latency, Taurus clients can achieve unprecedented levels of efficiency, enabling seamless automation of financial workflows and payment processes.

The Solana network is widely recognized for its speed, scalability, and minimal transaction fees, making it an ideal platform for tokenized asset issuance and management. Solana's programmable features allow for customizable, secure, and highly efficient solutions tailored to the needs of institutional clients.

Jürgen Hofbauer, Head of Global Strategic Partnerships at Taurus, said: “Integrating with Solana marks a significant milestone for Taurus, as the blockchain’s scalability and cost-efficiency are unparalleled in the industry. With this integration, our banking and enterprise clients can access an advanced platform to tokenize assets like equity, debt, structured products, funds, tokenized deposits, and CBDCs, while minimizing costs and operational complexities.”

Sponsored [New Report] Confirmation of Payee progress and APP fraud mitigation: Where are we now?

Related Company

Keywords

Comments: (0)

[New Report] Risk-based Authentication: Enhancing Security and User Experience in Fraud PreventionFinextra Promoted[New Report] Risk-based Authentication: Enhancing Security and User Experience in Fraud Prevention