Taurus a fintech startup broadens its custody and issuance platforms to include Stellar blockchain technology

Taurus, a fintech startup that specializes in digital asset infrastructure, has expanded its custody and issuance platforms to the Stellar network, according to an announcement made by the FINMA-regulated company on June 24. The integration of Taurus-PROTECT and Taurus-CAPITAL onto Stellar means that Taurus can now provide custody services for any assets tokenized on the network, as well as support asset-agnostic issuance. This move aligns with Taurus’ growth strategy, as Stellar’s blockchain has been optimized for asset tokenization. The collaboration between Taurus and Stellar is seen as a significant milestone in advancing the adoption of tokenized real-world assets within regulated financial institutions and establishing the necessary infrastructure for widespread adoption. Through this partnership, banks and other issuers will have access to fully customized and automated payment flows, as well as other blockchain benefits for their real-world asset projects. In addition to its custody and issuance services, Taurus also offers a regulated crypto assets marketplace called TDX and a blockchain node infrastructure platform called Taurus-EXPLORER. Stellar’s blockchain technology has already been utilized by global institutions such as Franklin Templeton and WisdomTree for their tokenization initiatives, and Circle launched its USDC stablecoin on Stellar in 2021.