State Street Corporation, a major U.S. banking institution, has formed a strategic partnership with Taurus SA, a leading provider of digital asset infrastructure, to enhance its digital asset capabilities.
About the Partnership
This partnership aims to strengthen State Street Bank and Trust Company's Digital Asset Solutions platform by developing a comprehensive model supporting the entire digital investment lifecycle, ensuring reliable solutions for clients.
Taurus Technological Solutions
State Street will use three of Taurus's products: Taurus-PROTECT for advanced security, Taurus-CAPITAL for simplified tokenized asset management, and Taurus-EXPLORER for connectivity to various blockchain protocols.
Stakeholder Reactions
In a recent press release, State Street highlighted that its partnership with Taurus underscores its commitment to leading the evolving digital asset sector.
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Lamine Brahimi, Co-Founder and Managing Partner of Taurus, also expressed enthusiasm about the partnership.
In recent months, there has been a surge in crypto partnerships involving traditional finance institutions and digital asset market players.
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