Taurus Integrates Custody and Tokenization Platforms with Solana Blockchain
Taurus has integrated its custody and tokenization platforms with the Solana blockchain, enhancing its expansion strategy. This integration allows banks and asset managers to securely manage Solana-native tokenized assets.
- Taurus-PROTECT and Taurus-CAPITAL are now connected to Solana
- Integration supports custody, staking, and issuance of tokenized assets
- Driven by institutional demand for scalable tokenization solutions
- Solana's architecture is preferred for tokenizing various assets, including equity and CBDCs
Jürgen Hofbauer from Taurus highlighted that this development provides banking clients with a cost-efficient platform for asset tokenization.
Solana continues to attract major institutions within the real-world asset (RWA) sector. Recently, Franklin Templeton brought its $594 million Government Money Market Fund to Solana and integrated its Benji platform, targeting retail users.
- Taurus aims to support global financial institutions with compliant tokenization solutions
- The company operates TDX, a regulated trading facility for tokenized securities
Taurus expanded into Turkey in December 2024 and raised $65 million in a series B funding round led by Credit Suisse in February 2023. These initiatives are aimed at scaling its infrastructure and expanding its global presence.