Digital asset infrastructure firm Taurus (whose clients include Deutsche Bank and State Street) has launched the first private stablecoin contract for Financial Institution Groups and enterprises, aiming to address the concerns of users who are hesitant to use stablecoins due to privacy concerns. Built on the privacy-conscious Aztec Network (powered by a16z), the contract combines zero-knowledge privacy protection with compliance features designed with reference to the USDC model, including feat...
Swiss private bank Syz recently used the Taurus tokenization platform to successfully tokenize a work of art. This time the tokenized work was not a famous Picasso painting, but a "Dreamstime" by Swiss artist Sarah Benslimane. The Ethereum-based security tokens were not sold, but were distributed to bank employees, giving them ownership of the work. Employees who wish to trade these tokens can do so through the Taurus TDX market. Syz Silver...
Blockchain technology company Taurus has signed an agreement with Zand, the first digital bank in the UAE, covering digital asset custody, tokenization and blockchain connectivity. Zand is the first digital bank in the UAE to hold a full banking license. It was established in 2022 and mainly serves corporate, institutional and wealth clients. Chairperson Mohamed Alabbar is the founder of Emaar Properties, which is known for developing the Burj Khalifa and Dubai Mall. Zand plans to launch digital...
Infrastructure provider Taurus has expanded its digital asset custody and issuance offering to the Stellar Network, an integration that allows banks and issuers to issue and manage any tokenized asset on the Stellar Network, using programmable wallet behavior and bank-level access controls to fully customize and automate payment processes. Taurus is a digital asset infrastructure provider for Financial Institution Groups such as Deutsche Bank, Credit Suisse, and Santander. Taurus uses Stella tog...