Taurus Wins Prestigious “Best Digital Assets Solution” Award at Global BankTech Awards 2024 for its Groundbreaking Infrastructure Innovations
LONDON, UK and GENEVA, SWITZERLAND – 22/09/2024 – (SeaPRwire) – Taurus SA, a Swiss-based, globally recognized leader in digital asset infrastructure for financial institutions, has been awarded the highly coveted title of “Best Digital Assets Solution” at the prestigious Global BankTech Awards 2024. This accolade highlights Taurus’ unparalleled contribution to the fintech industry through its comprehensive and modular infrastructure that allows banks and financial institutions to seamlessly issue, custody, and trade digital assets, including tokenized assets, cryptocurrencies, NFTs, and digital currencies.
The Global BankTech Awards, hosted by The Digital Banker, celebrate the technological advancements that are reshaping the financial services landscape. Taurus stood out among other nominees for its all-encompassing suite of digital asset solutions, which provides financial institutions with an enterprise-grade infrastructure to navigate the rapidly evolving world of digital assets.
A Robust Platform Empowering the Financial Industry
Taurus offers an array of sophisticated solutions for institutions looking to enter the digital asset market securely and efficiently. The company’s core infrastructure supports the issuance, custody, and trading of all forms of digital assets, including cryptocurrencies, tokenized securities, and digital currencies.
“Taurus is at the forefront of enabling financial institutions to embrace the digital asset revolution,” said Mobasher Kazmi, Head of Research for The Digital Banker. “Its enterprise-level infrastructure, which includes products like Taurus-PROTECT, Taurus-CAPITAL, Taurus-EXPLORER, and the TDX marketplace, allows users to capture digital asset opportunities in a secure, compliant, and scalable manner. The company’s solutions seamlessly integrate with various blockchain networks, giving financial institutions the tools they need to thrive in the digital economy.”
Innovative Solutions Transforming the Financial Landscape
One of the key factors behind Taurus’ success is its commitment to providing secure, scalable, and regulatory-compliant digital asset infrastructure. Its flagship product, Taurus-PROTECT, is a market-leading custody solution used by over 30 financial institutions. The product offers highly secure storage for digital assets, ensuring that institutions can safely manage their clients’ digital holdings.
Additionally, Taurus-CAPITAL empowers institutions to issue and manage tokenized assets, enabling financial entities to tokenize equity, debt, real estate, and other forms of traditional assets. Through Taurus-EXPLORER, clients can interact with over 20 blockchain networks via a unified API, streamlining their operations in the decentralized space. Taurus’ marketplace for digital assets, TDX, is also directly integrated with its other solutions, providing a seamless environment for institutions to trade tokenized assets while leveraging the full power of blockchain technology.
“We’re proud to have been recognized at the Global BankTech Awards for our commitment to innovation and security,” said Juergen Hofbauer, Global Head of Strategic Partnerships at Taurus. “The digital asset and tokenization landscape presents a once-in-a-generation opportunity for financial institutions, and our infrastructure is built to support that revolution securely and efficiently.”
Taurus’ Expanding Global Footprint
Backed by global financial heavyweights such as Deutsche Bank and UBS, Taurus has rapidly expanded its influence across the global financial ecosystem. In the last year, Taurus has been instrumental in the development of new asset classes by providing the technological backbone to tokenize various forms of equity and debt for small and medium-sized enterprises (SMEs). This has opened new opportunities for financial institutions to offer innovative investment products to their clients, further cementing Taurus’ role as a leader in digital asset solutions.
Taurus has also formed a strategic partnership with State Street, a global financial services provider with over $44.3 trillion in assets under custody. This partnership aims to streamline the entire lifecycle of tokenized assets, from creation to management, leveraging Taurus’ infrastructure to bring efficiency and transparency to the digital asset market.
Commitment to Security and Innovation
Security is at the heart of Taurus’ offerings. By providing institutions with enterprise-grade digital asset custody and trading solutions, Taurus addresses the key challenges of security, compliance, and interoperability. Through its modular infrastructure, Taurus enables financial institutions to tailor their digital asset strategies to their specific needs while ensuring they remain compliant with regulatory standards.
In a world where digital assets are gaining mainstream acceptance, Taurus is positioning itself as a key enabler of the future financial ecosystem. Its products are designed to bridge the gap between traditional finance and the burgeoning digital asset space, making it easier for financial institutions to participate in the tokenization of assets, from cryptocurrencies to real-world assets.
Conclusion
Taurus’ recognition as the “Best Digital Assets Solution” at the Global BankTech Awards 2024 underscores the company’s leadership in the digital asset space. With its comprehensive infrastructure and a steadfast commitment to innovation, Taurus is enabling financial institutions worldwide to confidently enter the digital asset market. By providing secure, scalable, and compliant solutions, Taurus is not only transforming the financial services industry but also contributing to the broader adoption of digital assets globally.
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About Taurus SA
Founded in April 2018, Taurus SA is a Swiss company that provides enterprise-grade digital asset infrastructure to issue, custody, and trade any digital assets: cryptocurrencies, tokenized assets, NFTs, and digital currencies. With over 50% market share in Switzerland, Taurus is also the European leader in the banking segment, trusted by a wide range of financial institutions, including systemic banks, private banks, and broker-dealers.
About Global BankTech Awards
The Global BankTech Awards recognize the top technological innovations that are driving the future of financial services. Organized by The Digital Banker, these awards celebrate companies that have introduced best-in-class solutions to help financial institutions address their most pressing business challenges.
SOURCE: Taurus
by Arrow123
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