Two Swiss crypto startups team up

SEBA and Taurus entered a strategic partnership with long-term goals in 2018 and have been collaborating since then to integrate TAURUS-PROTECT within SEBA’s secure hot storage custody infrastructure for digital assets. TAURUS-PROTECT has been successfully deployed and is currently in production in SEBA’s environment. Hot storage represents frequently used and critical files stored at the edge for fast local access.

Through this first phase of collaboration, SEBA has complemented its digital asset custody infrastructure with Taurus’ solution in hot storage mode. This provides high flexibility and efficiency when interacting with clients, while maintaining high levels of security. In addition, SEBA leverages Taurus’ blockchain node infrastructure to interface and communicate with multiple blockchain networks.

Guido Buehler, CEO of SEBA Bank AG: “We are very excited to introduce the next level of custody storage in terms of reliability and security. With Taurus, we have found a partner for our hot storage solution that shares our ambitions to deliver best-in-class services and that meets our demanding technological requirements.”

Lamine Brahimi, co-founder and Managing Partner of Taurus Group SA: “Our companies share similar convictions that digital assets and traditional financial assets will further converge only by upholding to the highest institutional standards and embracing regulation. Through this partnership, both companies are building the technology and infrastructure necessary to support the rapid and safe development of the digital asset industry in Switzerland, which we believe has a unique opportunity to become a world leader in the area."