Swiss crypto custodian Taurus has announced a partnership with non-custodial staking service provider Everstake to integrate the latter's validator infrastructure into the Taurus-PROTECT platform to provide a new staking network service to more than 20 banks and regulated clients worldwide. The partnership will initially support Solana, NEAR, Cardano and Tezos staking, but will not include Ethereum for the time being. Everstake currently runs validator nodes on more than 80 networks, supporting approximately $7 billion in staked assets.
The partnership aims to streamline the bank's compliance pledge process, allowing customers to pledge while maintaining direct control of assets, the companies said. Taurus opened its first US office in New York in October, following a $65 million Series B round led by Credit Suisse in 2023 to accelerate its business expansion.
Taurus partners with Everstake to provide crypto staking services to banks and institutions
2025-12-03 00:53:57
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