Taurus wins Swissquote as client

Taurus announces that the Swiss leader in online banking, Swissquote, has selected the Swiss Blockchain startup as a partner for its digital asset infrastructure. Swissquote will use Taurus-Protect as a secure storage solution to complement its existing set-up. In addition, Swissquote will use Taurus’ latest solution, Taurus- Capital and will be able to tokenize and manage a wide range of digital assets as well as interact with any type of Ethereum smart contract. Both products leverage Taurus’ blockchain node infrastructure Taurus-Explorer which provides a unified API and reliable broadcasting algorithms to interface securely with multiple blockchain networks.

Paolo Buzzi, co-founder and Deputy CEO at Swissquote: “We are delighted to have found a very innovative partner in Taurus. With Taurus' products, we can offer our customers an expanded range of investment opportunities in the field of digital assets. I am also convinced that Taurus’ integrated product suite will help us achieve our ambitious goals in that area, in line with our growth strategy.”

Lamine Brahimi, co-founder at Taurus: “It’s a privilege to support Swissquote, a leader in digital banking, in implementing their growth strategy in digital assets. What makes me extremely proud is that we bring to Swissquote our latest innovation in the area of tokenized assets on top of our secure custody infrastructure. This will allow product teams to create or interface with any type of tokenized product. With the DLT law now in place, we are confident that the new wave of growth will be driven by private assets digitization and tokenization.”

Manage any digital asset and create products

The collaboration with Swissquote, one of the most sophisticated players in digital assets worldwide, strengthens Taurus’ leadership position in its home market and in Europe. Taurus has developed one of the most advanced digital asset infrastructure, designed to integrate easily with a wide range of core banking systems and manage any digital asset. Depending on their business model, strategy and risk tolerance, Taurus’ clients are able to seamlessly (i) manage crypto-assets incl. staking, (ii) digitalize and tokenize end-to-end any type of asset on any standard, and (iii) process digital currencies of their choice. Concretely, the combination of Taurus-Protect and Taurus-Capital allows banks not only to perform custody but also to further innovate by creating tokenized products of their choice, allowing them to unlock new customer services and revenue streams. All within a single unified platform.

(Press release)