Taurus digital custody solution provider signs on Sygnum Bank

Taurus Group SA (“Taurus“) is pleased to announce Sygnum Bank as a new client. Sygnum has successfully deployed in production Taurus-ProtectTM, the digital asset custody solution for financial institutions developed by Taurus.

Sygnum bank has selected Taurus-ProtectTM as a secure storage solution to complement its existing offering. Taurus’ infrastructure has been deployed within Sygnum’s environment and is now in production. In addition, Sygnum leverages Taurus’ blockchain node infrastructure Taurus-ExplorerTM, which provides unified APIs and reliable broadcasting algorithms to interface securely with multiple blockchain networks.

Taurus has developed one of th digital asset infrastructure in the market with th breadth of functionalities, designed to integrate easily with any type of core banking/booking systems. Depending on their core business, roadmap, and risk appetite, Taurus’ clients are able to seamlessly (i) manage crypto-assets incl. staking, (ii) digitalize and tokenize end-to-end any type of assets on any standard, and (iii) process digital currencies of their choice. All within the same and unified platform allowing clients to unlock complementary business cases at a fraction of the cost of integrating siloed, mono-standard applications.

This is the second Swiss Bank that chooses Taurus.