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Large customers for Taurus’ crypto storage solution

14.01.2019 11:48

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Less than one year after the launch of its first version, TAURUS-PROTECT has become a leading digital assets custody platform. The solution is live with several large financial institutions including Bank Vontobel.

TAURUS PROTECT was developed by Taurus for its own needs and those of institutional clients - exchanges, banks and asset managers. The platform is already in production with several leading financial institutions, including Bank Vontobel AG, one of the most experienced and sophisticated European banks in the area of digital assets and cryptocurrencies.

Sébastien Dessimoz, founding member of Taurus Group SA commented: “The implementation of highly reliable custody solutions for digital assets is a key success factor for the next generation financial markets infrastructure that is blockchain-based. TAURUS-PROTECT is since day one compliant with the most stringent Swiss and international regulations allowing, among others, banks to custody client assets in a fully segregated manner without impact on their capital ratios. It integrates easily and offers a full suite of risk management, treasury and analytics features that answer the most sophisticated requirements”.

Taurus Group SA is a financial services company created in April 2018 in Geneva. It was founded by senior executives from the banking, asset management, regulatory, and cybersecurity areas. Its offering relies on three pillars:

  • Taurus-Trade: brokerage and digital assets exchange services to institutional and private investors;
  • Taurus-Invest: investment solutions to gain exposure to digital assets;
  • Taurus-Protect: ultra-secure safekeeping of digital assets.
(Press release)
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