• Taurus has partnered with BankPozitif to broaden digital property custody adoption throughout Turkey’s fintech ecosystm.
• The Swiss-based platform has lately launched its companies on Solana and Hedera.

Crypto custody supplier Taurus has introduced a serious partnership with Turkish digital financial institution BankPozitif.

Swiss-based Taurus famous in a weblog put up on March 4 that the strategic partnership with BankPozitif will see the 2 work collectively to broaden digital asset integration and adoption throughout the banking ecosystem in Turkey.

Institutional-grade custody options

The collaboration will see Taurus deliver its Taurus-PROTECT and Taurus-EXPLORER options to BankPozitif’s shoppers. Shield is an answer that gives an institutional-grade custody service for crypto, tokenized property and digital currencies. In the meantime, Explorer is a blockchain node and indexing infrastructure service that permits customers to leverage each public and permissioned blockchains.

Dr. Erkan Kork, chairman of BankPozitif, commented:

“As we focus on innovative products and expand our investments in digitalization, this partnership with Taurus represents a significant step in our digital transformation journey. The Turkish banking sector has reached a size of 30 trillion Turkish Liras, and we’re seeing unprecedented opportunities in fintech innovation.”

Lamine Brahimi, managing companion at Taurus, added:

“The combination of high adoption rates, increasing institutional interest, and constructive regulatory frameworks creates good conditions for innovation in digital asset banking. This partnership with BankPozitif demonstrates our commitment to supporting Türkiye’s ambitious goals in the digital asset space while providing the security and compliance capabilities that institutions require.”

Taurus’ partnership with BankPozitif makes this the crypto custody supplier’s newest traction in Turkey. In 2024, Taurus introduced a partnership with neobank startup Misyon.

Growth lately noticed Taurus deliver its resolution to Solana. It has additionally partnered with the Hashgraph Affiliation to deliver custody, staking and asset tokenization to Hedera (HBAR).

Deutsche Financial institution backed Taurus additionally has tokenization presence in Switzerland and Germany.