The Hashgraph Association says it has agreed to work with Taurus regarding asset tokenization, staking, and custody.
Hashgraph is the gr0up that supports enterprise-grade blockchain Hedera.
Taurus is a Swiss firm that offers enterprise-grade digital asset infrastructure solutions to issue, custody, and trade any digital assets.
Hashgraph will be using the Taurus-PROTECT and Taurus-CAPITAL platforms to support enterprises and their utilization of blockchain tech as they seek to broaden utilzation of Hedera.
The collaboration is said to enable the integration of HBAR, Hedera’s native crypto, and the Hedera Token Service (HTS) – an API that creation of fungible and non-fungible tokens on the Hedera Network, into Taurus’s platform.
Hashgraph said the partnership will focus on regulated assets working with banks and other financial institutions.
Hashgraph aims to expend its reach further in Europe as well as Asia and the MENA region.
The Hedera Governing Council, includes entities like Boeing, Dell, Google, IBM, LG, Standard Bank, Hitachi, and TATA.
Kamal Youssefi, President of The Hashgraph Association, noted that demand for institutional-grade custody and tokenization has ramped up of late.
