Taurus, backed by Deutsche Bank, announced the launch of its Taurus-CAPITAL platform on the Solana blockchain, offering new opportunities for banks and financial institutions in managing digital assets.
Launch of Taurus-CAPITAL on Solana
Taurus launched its enterprise-grade custody and tokenization platform, Taurus-CAPITAL, on Solana. This move enables financial institutions to store, manage, and issue digital assets using Solana's fast and cost-effective blockchain.
Platform Features and Benefits
The platform integrates Taurus-PROTECT for secure storage and staking of Solana-based assets, and Taurus-CAPITAL for issuing programmable tokenized assets. These assets constitute digital representations of real-world assets, facilitating automation of financial processes like payments and settlements.
Partnerships and the Future of Digital Assets
Last year, Taurus partnered with Chainlink Labs, enhancing tokenization solutions for financial institutions and highlighting the interest of banks in blockchain technology for traditional financial services. This partnership includes integration with Chainlink's tools for improved security and transparency.
The launch of Taurus-CAPITAL on Solana emphasizes banks' drive to embrace blockchain technologies for enhanced digital asset management efficiency, showcasing the growing interest in the latest technological solutions in digital finance.
