Taurus SA, a provider of digital asset infrastructure for banks and financial institutions, announced that it now provides custody support for the Canton Token Standard. The firm has also teamed up the Canton Network as a Super Validator, becoming a participant in governing the Global Synchronizer, the network’s coordination and consensus layer.
As a so-called Super Validator, Taurus now reportedly helps secure and maintain the Canton Network by taking part in consensus and validating critical operations “across applications.”
SVs are said to be selected for their reliability, “enterprise credentials, and long-term commitment to supporting growth within the Canton ecosystem.”
The Canton Network is the first public blockchain “purpose-built for regulated financial institutions.”
It enables 24/7 markets, instant settlement, “collateral mobility, and interoperability while maintaining full privacy and compliance.”
Over 6 trillion US dollars in tokenized assets have “been issued or processed on Canton across bonds, repos, money market funds, loan commitments, and insurance.”
Victor Busson, Chief Marketing Officer at Taurus said that expanding our custody capabilities to the Canton ecosystem and “joining the Canton Network as a Super Validator marks a strategic milestone for Taurus,”
Busson added that their infrastructure “supports many of the world’s leading banks.”
They further noted that by enabling these institutions to “leverage Canton’s advanced privacy and collateral management features, they are creating new institutional use cases and delivering value across the digital asset ecosystem.”
Melvis Langyintuo, Executive Director at the Canton Foundation stated that their participation as both “a core infrastructure partner and a Super Validator strengthens the Canton Network and supports its mission to connect financial institutions through a platform built for privacy, compliance, and operational resilience.”
Taurus’ role as a Super Validator builds on its extensive “experience in digital asset infrastructure and its relationships with FIs.”
The company maintains partnerships with Deutsche Bank, CACEIS, Santander, and State Street, providing infrastructure that “supports every stage of digital asset activity, from issuance to custody and trading.”
Founded in 2018, Taurus is a Switzerland-based financial tech company providing digital asset infrastructure, with offices around the world.
It offers services for issuing, storing, and trading all “types of digital assets, including cryptocurrencies, tokenized assets, NFTs, and digital currencies.”
Additionally, Taurus operates a marketplace for “private assets and tokenized securities and is a securities firm regulated and supervised by FINMA.”
As mentioned in the announcement, the Canton Network is serving as the public, permissionless blockchain purpose-built “for institutional finance, uniquely combining privacy, compliance, and scalability.”
Governed by the Canton Foundation, with participation from global FIs, Canton enables real-time, “secure synchronization and settlement across asset classes on a shared, interoperable infrastructure.”
The open-sourced network is enables by its native token, Canton Coin, and supports decentralized governance and application development.
It is reportedly the link between the main value proposition of blockchain tech and “the power of global finance, enabling finance to flow as it should.”