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Enterprise Solution for Asset Custody and Tokenization Introduced on Solana
Taurus has integrated its enterprise custodial and RWA solutions within the Solana community, with the goal of enhancing efficiency and automating operational and financial workflows.
The Swiss FinTech company Taurus has announced the integration of its asset custody and tokenization solutions with the Solana blockchain. This development will enable banks and financial institutions to securely manage digital assets and issue tokenized products on Solana.
The integration pertains to two primary Taurus enterprise offerings:
- Taurus-CAPITAL, a platform for tokenization and issuance that facilitates the creation of programmable tokenized assets through token extensions;
- Taurus-PROTECT, a custodial storage solution that guarantees secure storage, management, and staking of tokenized assets.
Jürgen Hofbauer, Head of Global Strategic Partnerships at Taurus, highlighted that Solana’s scalability and cost efficiency are unparalleled. With this integration, banking and corporate clients will gain access to advanced RWA tools. In particular, Taurus-CAPITAL will support the economical and seamless tokenization of equity, debt instruments, structured investment products, funds, bank deposits, CBDCs, and other assets.
In October 2024, Taurus collaborated with Chainlink Labs to tackle the significant challenges that institutional investors encounter when dealing with tokenized assets.
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