Taurus Expands to Stellar Network
Taurus, a company that provides digital asset infrastructure to financial institutions such as Deutsche Bank, Credit Suisse, and Santander, has expanded its services to the Stellar network.
Starting on Monday, the Swiss fintech firm’s digital asset custody platform, “Taurus-PROTECT,” and its digital issuance and tokenization platform, “Taurus-CAPITAL,” will be available on the open-source, public blockchain of Stellar.
With this integration, banks and issuers can issue and manage tokenized assets on the Stellar network. They can also customize payment flows and use programmable wallet behaviors and banking-grade access controls.
Taurus Head of Global Strategic Partnerships Jürgen Hofbauer expressed that the integration with Stellar is in line with their strategic growth, as the blockchain is specifically designed for asset tokenization.
