Taurus has launched a Solana-based custody and tokenization platform designed to assist banks in managing digital assets. This development aims to enhance efficiency and reduce costs for financial institutions looking to tokenize various assets.

The platform includes Taurus-Capital for issuing tokenized products and Taurus-Protect for asset custody. By leveraging Solana’s technology, it facilitates seamless automation of financial operations, meeting increasing institutional demand.

Taurus successfully raised 65 million USD in a Series B funding round. The platform addresses the growing need for secure digital asset management in Europe, predicting that the digital asset industry could exceed a value of 10 trillion USD.