Taurus Custody and Issuance Platforms Now Available on Stellar

Taurus, a global leading digital asset infrastructure provider, announced today that its custody platform, Taurus-PROTECT, and its digital issuance and tokenization platform, Taurus-CAPITAL, are now available on the Stellar network. The Stellar network is an open-sourced, public blockchain and an industry leader in asset tokenization, trusted today by a range of global financial institutions. This integration will cover the custody of any Stellar tokenized assets through Taurus-PROTECT, as well as asset-agnostic issuance on the Stellar blockchain through Taurus-CAPITAL. This enables banks and issuers to issue and process any tokenized asset via the Stellar network. Banks and issuers can fully customize and automate payment flows through programmable wallet behaviours combined with banking-grade access controls. Jürgen Hofbauer, Head of Global Strategic Partnerships at Taurus, stated: “Integration with Stellar seamlessly aligns with Taurus' strategic growth as the blockchain has been optimized and built for asset tokenization. Our banking and non-banking clients can now benefit from reduced fees and fast transactions, optimizing efficiency across a variety of tokenization use cases such as equity, debt, structured products, funds, tokenized deposits, and CBDCs.” Stellar is a proven platform for asset issuance. The Stellar network gives asset issuers the benefits of powerful, built-in features and controls to tokenize real-world assets quickly and at a low cost. Well-known institutions like Franklin Templeton, WisdomTree and Circle use Stellar for real-world asset tokenization. “Collaborating with Taurus represents a significant step in advancing the adoption of tokenized real-world assets within regulated financial institutions and establishing the essential infrastructure for widespread adoption,” said Stellar Development Foundation Senior Director Roberto Durscki. “We’re excited Taurus is joining the global Stellar ecosystem.”