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cryptonews 2025-05-27 12:17:33

Deutsche Bank and Accenture-Backed Teams Taurus and Parfin Work to Fuel Institutional Adoption in EU and LatAm

Taurus , a Swiss digital asset infrastructure provider backed by Deutsche Bank and Credit Suisse , and financial technology company Parfin , have teamed up to hasten institutional adoption of digital assets in Latin America and Europe. According to the press release shared with Cryptonews , the collaboration places four features at its center: innovative technology, security, governance, and compliance. Notably, Taurus says that working with a trusted regional provider boosts its expansion into Latin America. It adds that Parfin’s global client base includes banks, asset managers, and crypto-native institutions. We have partenered with @parfin_io to help accelerate the institutional adoption of digital assets. Our full product suite, Taurus-PROTECT for secure custody and Taurus-CAPITAL for tokenization, is now integrated directly into the Parfin Platform. https://t.co/9AHZazrYKz pic.twitter.com/OolID63ot0 — Taurus (@taurus_hq) May 27, 2025 Per the teams, “this collaboration marks a significant step forward in the consolidation of an interoperable infrastructure ready to meet the demands of regulated markets on a global scale.” Moreover, as part of the deal, Parfin’s institutional platform will integrate Taurus’s full product suite, including Taurus-PROTECT and Taurus-CAPITAL . These will provide custody, governance, compliant token issuance, and asset lifecycle management. Therefore, they’ll form “a comprehensive end-to-end solution for digital asset management,” the team says. At the same time, Parfin Platform, a custody-agnostic solution, will utilize support for hardware security module (HSM), to provide institutions with “diverse security and architectural requirements.” Lamine Brahimi, Co-Founder and Managing Partner at Taurus, commented that the two companies are “providing a scalable, high-performance solution that supports institutions as they expand their digital asset capabilities.” You may also like: Deutsche Bank-Backed Taurus Integrates with Solana, Enables Institutions to Enter Tokenized Asset Space Taurus, a Swiss digital asset infrastructure provider backed by Deutsche Bank and Credit Suisse, has integrated two of its flagship products with the Solana network. The move should encourage global financial institutions and developers to build tokenized asset solutions.The integrated products are the custody platform Taurus-PROTECT and the digital issuance and tokenization platform Taurus-CAPITAL. The latter allows users to issue and manage NFTs and tokenized assets on public and private... Institutional Adoption, Wallet Visibility, Liquidity Access Parfin and Taurus claim that their integrated infrastructure supports “a broad range of digital asset use cases.” These include crypto, digital currencies, and tokenized securities. Among the benefits for institutional clients, the announcement highlighted cheaper ownership as the collaboration lowers dependence on fragmented third-party systems. Also, the partnership enables real-time wallet visibility and settlement execution through the Parfin interface. The integrated infrastructure provides access to liquidity via Parfin’s execution infrastructure. At the same time, Taurus handles policy enforcement, custody, and tokenization. The companies also claim that the operational and settlement risk is lower thanks to the fully integrated custody and trading workflows. Additionally, the collaboration enables faster deployment leveraging API-based architecture. “This partnership is an important step for institutions seeking global-standard infrastructure,” said Marcos Viriato, Co-Founder and CEO of Parfin. The integration allows clients to “choose the solutions that best meet their needs in a secure and compliant environment.” Meanwhile, founded in 2019, Parfin is a financial technology company that builds software products to allow financial institutions to adopt blockchain rails. It’s also the core developer of the blockchain banking platform Rayls . At the same time, Taurus is a securities firm regulated and supervised by FINMA , founded in 2018. It offers services for issuing, storing, and trading cryptocurrencies, tokenized assets, NFTs, and digital currencies. It also operates a marketplace for private assets and tokenized securities. In March, Taurus announced a strategic partnership with Turkish digital bank BankPozitif and opened an office in Istanbul. In April, it partnered with Figment , and it launched its Taurus Network , an interbank digital asset network. Its goal is to enhance institutional collaboration, collateral mobility, and settlement efficiency across cryptocurrencies, tokenized securities, and central bank digital currencies ( CBDCs ). Taurus and @StateStreet have won Digital Asset Partnership of the Year at the 2025 "Leaders in Custody" Awards! This prestigious honor from @globalcustodian recognizes the most impactful collaboration in the digital asset space. https://t.co/aSDF7G2Pjn pic.twitter.com/qfuuEKGbF1 — Taurus (@taurus_hq) May 19, 2025 In May, Taurus and US-based financial services giant State Street won Digital Asset Partnership of the Year at the 2025 ‘Leaders in Custody’ Awards. You may also like: $7 Billion Turkish BankPozitif Partners with Taurus for Crypto Custody to Meet Surging Demand Turkish digital bank BankPozitif has announced a strategic partnership with Taurus SA, a Swiss digital asset infrastructure provider backed by Deutsche Bank and Credit Suisse.Per the press release shared with Cryptonews, Taurus has opened an office in Istanbul. The new collaboration will enable the investment bank to expand its capabilities into digital assets and cryptocurrency services.To accomplish this, BankPozitif will implement two of Taurus' flagship solutions. The first is... The post Deutsche Bank and Accenture-Backed Teams Taurus and Parfin Work to Fuel Institutional Adoption in EU and LatAm appeared first on Cryptonews .

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