BankPozitif, a leading digital bank in Turkey, has partnered with Swiss digital asset infrastructure provider Taurus to offer institutional-grade cryptocurrency custody services.
BankPozitif and Taurus Partnership
BankPozitif will integrate Taurus-PROTECT™, a platform supporting cryptocurrencies and tokenized assets, along with Taurus-EXPLORER™ for connection to multiple blockchain networks. "This is a significant step forward in our focus on innovative products and digital transformation," said Dr. Erkan Kork, Chairman of BankPozitif.
Taurus' Innovations in New Markets
Taurus recently partnered with Chainlink Labs to enhance tokenization using Chainlink's Data Feeds for real-time asset information. The partnership addresses security and cross-chain connectivity challenges. "High adoption rates and institutional interest make Turkey an important region for digital asset banking," said Lamine Brahimi, Managing Partner at Taurus.
Growth of Crypto Market in Turkey
Turkey has seen a surge in cryptocurrency adoption due in part to economic challenges. With evolving regulatory frameworks, the partnership between BankPozitif and Taurus marks a growing trend of integrating digital assets into traditional banking services.
The partnership between BankPozitif and Taurus reflects trends in Turkey's fintech industry, highlighting the growing interest in crypto assets and the opportunities offered by digital transformation.
