Coinspeaker
Feb 13, 2025
10 0

Taurus Integrates Custody and Tokenization Platforms with Solana Blockchain

2 min

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.