• Taurus is partnering with Bankpozitif to develop the adoption of digital property custody throughout Turkish fintech ecosists.
• The Swiss-based platform not too long ago launched its providers with Solana and Hedera.

Crypto Custody Supplier Taurus has introduced a significant partnership with Turkish digital financial institution Bankpozitif.

Switzerland-based Taurus mentioned in a weblog submit on March 4th that the strategic partnership with Bankpozitif will permit the 2 to work collectively to develop the mixing and adoption of digital property throughout the Turkish banking ecosystem.

Facility-grade custody answer

With this collaboration, Taurus brings Taurus, Taurus and Miner options to BankPositif shoppers. Defend is an answer that gives institutional custody providers for crypto, tokenized property and digital currencies. Explorer, however, is a blockchain node and index infrastructure service that permits customers to leverage each public and approved blockchains.

Bankpozitif Chairman Dr. Erkan Kork commented:

“As we deal with revolutionary merchandise and develop our funding in digitalization, this partnership with Taurus represents a vital step in our journey of digital transformation. The Turkish banking sector has reached the scale of 30 trillion Turkish liras, and we see unprecedented alternatives in fintech innovation.”

Lamine Brahimi, managing companion at Taurus, added:

“The mix of excessive adoption charges, elevated institutional advantages and constructive regulatory frameworks creates good situations for innovation in digital asset banks. This partnership with Bankpozitif demonstrates our dedication to supporting Türkiye’s bold objectives within the digital asset discipline, offering the safety and compliance capabilities that establishments want.”

With Taurus’ partnership with Bankpozitif, this would be the newest traction in Türkiye from the Crypto Custody Supplier. In 2024, Taurus introduced its partnership with Neobank Startup Misyon.

The extension not too long ago introduced the answer to Solana. It additionally partnered with the Hashgraph Affiliation to convey custody, staking and asset tokenization to Hedera (HBAR).

Deutsche Financial institution has a tokenization presence in Switzerland and Germany.