Taurus is pleased to announce a strategic partnership with the Qatar Financial Centre (QFC) Authority as part of the QFC Digital Assets Lab.
This strategic collaboration reinforces Taurus’ commitment “to better serving banks and financial institutions across Qatar and the Middle East, delivering tailored digital asset solutions that meet regional demands.”
The QFC Digital Assets Lab is a key initiative “within the QFC Innovation Dome, which is designed to accelerate innovation in digital assets and Distributed Ledger Technology (DLT).”
By fostering collaboration between businesses, start-ups, and researchers, the lab aims to position Qatar “as a leader in the digital economy, guided by the newly introduced QFC Digital Assets Regulatory Framework 2024.”
The framework sets rigorous standards “for tokenization, legal recognition of digital assets, and the use of smart contracts, ensuring the highest levels of security and transparency.”
As a global leader in digital asset infrastructure, Taurus provides “secure and scalable solutions for the custody, tokenization, and management of digital assets.”
Through the QFC Digital Assets Lab, financial institutions “in the region will now have access to Taurus’ enterprise-grade technology, which supports the full range of digital assets—from cryptocurrencies to tokenized securities.”
Bashir Kazour, Managing Director at Taurus, commented:
“The QFC Digital Assets Lab offers a robust regulatory environment, making Qatar a prime location for digital asset innovation. We are pleased to bring our expertise in digital asset management to this dynamic market and better serve our clients and partners across the Middle East.”
As noted in the update, Taurus SA is a Swiss Fintech, “founded in April 2018, that provides enterprise-grade digital asset infrastructure to issue, custody, and trade any digital assets, including cryptocurrencies, tokenized assets, NFTs, and digital currencies.”
Taurus is a global leader in the banking segment, “entrusted by the full spectrum of financial institutions: systemic banks, universal banks, online banks, crypto-banks, private banks, and broker-dealers. Taurus also operates a marketplace for private assets and tokenized securities. Taurus SA is a securities firm supervised and regulated by FINMA. TDX is an organized trading facility operated by Taurus. ”
Depending on their business model, strategy, and risk tolerance, Taurus’ clients can seamlessly manage cryptocurrencies “including staking, digitize and tokenize any type of asset on any standard end-to-end, and process digital currencies of their choice.”
Taurus’ product portfolio is composed “of Taurus-PROTECT, the leading secure storage solution in Europe which is currently used by more than 30 financial institutions and corporations.”
Taurus-CAPITAL allows clients to issue and “manage tokenized assets on public and permissioned blockchains, as well as interact with any smart contract.”