Taurus enterprise-grade digital asset infrastructure scales up to a new level with the innovative interbank network for digital asset collaboration.
European digital asset infrastructure provider Taurus has launched the new Taurus-NETWORK (TN) project to enhance collaboration between banking institutions as they accelerate digital asset adoption.
TN connects Taurus-PROTECT clients in a regulated ecosystem that facilitates financial operations with crypto assets and enhances collaboration between its members. The network is set to make a major industry impact by enabling collateralised lending, cutting on-chain costs, and boosting regulatory compliance, especially in capital and liquidity management.
The TN ecosystem is extensive, encompassing public and permissioned DLTs, and supporting various types of digital assets, including cryptocurrencies, tokenised securities, and other digital currencies.
Among the early adopters of the new technology there are Arab Bank Switzerland, Capital Union Bank, Flowdesk, ISP Group, Misyon Bank, and Swissquote. Additional financial institutions will join in the first half of 2025.
Taurus interbank network offers numerous benefits for participating financial institutions. It connects over 35 regulated banks across 10 countries, giving clients full control over who they transact with, based on their own regulatory needs.
TN also features advanced collateral management and instant credit through asset pledging. It enables banks to join syndicated loans and lets exchanges trade off-platform without moving funds. TN supports real-time settlement across blockchain and fiat systems, reducing risk with a smart orchestration engine.
Compliance is built in, automating tasks like travel rule enforcement, proof of reserves, and ownership checks, eliminating manual work. TN also automates identity verification, whitelisting, and address validation, cutting operational load by over 90% and enabling instant transaction confirmations.
Finally, with direct interactions through Taurus-PROTECT and no third-party involvement, TN sets a new benchmark for security and counterparty risk management. This is a crucial factor for interbank collaboration in a time when the number of banks embracing digital asset services is steadily increasing.
Over 200 banks globally have entered the digital asset space, including major traditional banks, fintech firms, and new crypto-focused banks. These institutions offer regulated services like crypto custody, trading, tokenized assets, and blockchain-based payment solutions. In most cases, they are targeting corporate clients and high-net-worth individuals rather than retail consumers. Therefore, institutions deal with large-value transactions that require enhanced security measures.
An interbank collaborative platform would play an important role in these interactions because it streamlines digital asset transactions, enhances liquidity management, and reduces operational risks. By enabling direct, secure interactions between banks, the platform improves efficiency in settlement and collateral management while standardising compliance measures. This shared infrastructure could foster trust, lower counterparty risk, and support a more agile, transparent financial ecosystem that can rapidly respond to market changes and regulatory requirements.
Taurus is a Swiss fintech company founded in 2018. Its enterprise-grade platform supports the custody, issuance, and trading of various digital assets, including cryptocurrencies, tokenized assets, non-fungible tokens (NFTs), and digital currencies.
The company serves a wide range of financial institutions globally, such as systemic banks, universal banks, online banks, crypto-banks, private banks, and broker-dealers. It has been a custody and tokenization solutions provider for the German multinational investment bank Deutsche Bank, one of the largest financial conglomerates in the country that is actively exploring the digital asset space.
