Taurus and Blockdaemon have announced a deal to integrate Blockdaemon’s institutional-grade staking services into the Taurus digital asset platform.
Taurus states that the partnership will enable them to support staking services while retaining full control and ownership through their in-house custody solution, built for banks and regulated financial institutions.
Taurus clients can stake digital assets and earn rewards across various networks. The company aims to recruit more institutions by providing a compliant staking ecosystem.
“Institutional staking requires infrastructure engineered for high availability, robust security controls and governance,” said Andrew Vranjes, Chief Revenue Officer at Blockdaemon.
Taurus is a Swiss Fintech providing enterprise-grade digital asset infrastructure. Services include issuing, storing, and trading all types of digital assets, including tokenized assets. Taurus also operates a marketplace for private assets and tokenized securities and is a securities firm regulated and supervised by FINMA.
Blockdaemon reports securing over $110B in digital assets for 400+ institutions, including exchanges, custodians, crypto platforms, and financial enterprises.