Deutsche Bank partners with Taurus to offer digital asset custody and tokenization services

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By BitcoinWiki News

Key Takeaways:

– Deutsche Bank has partnered with Taurus SA, a Swiss-based crypto infrastructure firm, to provide digital asset custody and tokenization services.
– The partnership aims to integrate Taurus’ custody and tokenization technology into Deutsche Bank’s services to manage cryptocurrencies, tokenized assets, and digital currencies.
– Deutsche Bank recognizes the growth potential of the digital asset market and believes that traditional financial companies need to adapt to support their clients.
– Taurus, founded in 2018, provides infrastructure for institutional clients to issue, custody, and trade digital assets.
– The partnership follows Deutsche Bank’s participation in Taurus’ funding round and its application for a digital assets license with Germany’s financial regulator.
– Deutsche Bank’s move aligns with its strategy to increase fee income and its investment arm’s efforts in the digital asset space.
– Taurus has integrated the Polygon network into its offerings, becoming the fourth supported blockchain for its clients.


Deutsche Bank has partnered with Swiss-based Taurus SA to offer digital asset custody and tokenization services to its clients. The German bank will integrate Taurus’ technology to manage cryptocurrencies, tokenized assets, and digital currencies for its customers. The move comes as traditional financial institutions recognize the growth potential of the digital asset market and aim to adapt to meet the needs of investors and corporations. Taurus, founded in 2018, provides enterprise-grade infrastructure for institutional clients to issue, custody, and trade digital assets. The partnership with Deutsche Bank follows the bank’s participation in Taurus’ funding round earlier this year and its application for a digital assets license with Germany’s financial regulator. The bank’s strategy aligns with its aim to increase fee income and offer digital asset custody services.

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