State Street, one of the world’s largest custodian banks, has announced a strategic partnership with Swiss company Taurus, which specializes in the custody of crypto assets and tokenization. This collaboration aims to expand State Street’s digital services, including the creation and management of tokenized assets such as funds and other securities. The partnership will enable the bank to provide innovative solutions in the digital asset space, ensuring higher security and more efficient management.
State Street plans to leverage Taurus’s technology to integrate services for crypto asset custody, tokenization, and blockchain node management. This move is part of the bank’s broader strategy to enhance its presence in the digital asset sector and meet the growing demand from institutional investors.
This partnership also marks a significant step in the development of State Street’s digital infrastructure, positioning the bank as a leading player in the integration of traditional finance with digital assets. Taurus platform websites: www.taurushq.com and www.t-dx.com.
