- Taurus Network connects global financial institutions for digital asset transactions.
- Blockchain-agnostic platform supports cryptocurrencies and tokenized securities.
- The Network automates compliance and enhances security for global transactions.
Taurus, a Swiss fintech company, launched an interbank digital asset network for regulated financial institutions. The Taurus Network (TN) seeks to improve collateral movement, fast settlements, and reduced risks between counterparties in digital asset transactions. Additionally, TN will provide digital assets, capital, and liquidity management for its member institutions.
The TN platform links financial institutions across the world, such as Arab Bank Switzerland, Capital Union Bank, Misyon Bank, and Swissquote. The platform provides members with secure interactions and full control over their assets. The Network eliminates third-parties interference and allows participants to maintain full control over their transactions.
Taurus Network Automated Blockchain Infrastructure
The network is blockchain-agnostic and functions with both permissioned distributed ledger technologies and public blockchain systems. This enables smooth cross-platform interaction between various digital assets such as cryptocurrencies, tokenized securities, and digital currencies. Additionally, it provides institutions with flexibility to avoid dependence on a single system, which improves interoperability across different platforms.
Taurus’s infrastructure aims to optimize operational performance. The network’s automated compliance checks have led to substantial reductions in staff required for manual operations. Moreover, it automates over 90% of standard operations such as identity management and address authorization, which accelerates transaction processes and improves security standards.
Taurus-Network provides an instant credit function through its collateral management system. The platform offers off-exchange trading and syndicated loans within the Taurus-PROTECT system. The platform uses both fiat and blockchain rails to achieve faster and more efficient transactions.
Taurus Network Global Expansion
The platform operates across multiple jurisdictions and ensures compliance with local regulatory standards. The network stresses the need for strict compliance and regulatory requirements. The network’s automated system executes travel rules, proof-of-reserves, and ownership verification, which improves transparency and trust between participants.
Taurus aims to expand its network to roll out new features and strategic partnerships in 2025. The company has partnered with more than 35 banking institutions across four continents. The network’s main objective is to establish its position as the main platform for secure, compliant digital operations.
The introduction of the Taurus network is a major step in the mainstream adoption of digital assets. The interbank digital asset platform positions the company as a major player in the digital asset space. The network growth could create new opportunities for collaboration and innovation in financial markets.