Zurich / Geneva, 14.11.2024—ISP Securities Ltd. (“ISP”), a Swiss-headquartered investment firm, has partnered with Taurus, a global leader in digital asset technology for financial institutions, to enhance ISP’s digital asset offerings. The collaboration includes Taurus-PROTECT, the banking-grade digital asset custody solution, and Taurus-EXPLORER, a blockchain node infrastructure that provides unified API and secure connectivity with over 25 blockchain networks.
Partnership is live with Taurus-PROTECT integrated
Following ISP’s recent announcement on digital assets, Taurus and ISP are pleased to announce the successful go-live of their partnership. ISP has integrated Taurus-PROTECT with its core banking system and launched its digital asset offering leveraging Taurus’ award-winning digital asset infrastructure to provide maximum security to its client funds. In addition, ISP uses Taurus-EXPLORER, Taurus’ blockchain connectivity infrastructure for blockchains to connect and interact with over 25 blockchains. Professional and institutional clients of ISP, both in Switzerland and abroad, have the possibility to trade, custody, and stake digital assets provided by ISP.
First clients onboarded
ISP launched its service in September and has already started onboarding institutional clients. The partnership with Taurus fully supports ISP’s goal of continuing to provide first-class services to professional and institutional investors, in response to technological developments and client demand for digital assets. Taurus' enterprise-grade technology features a wide range of functions and is designed to integrate easily with all types of core banking and accounting systems. Leveraging Taurus-PROTECT, ISP is able to implement defense-in-depth security on its custodial wallets with multi-layered security controls, including:
- HSM-protected environments for optimal efficiency and security.
- Programmable rules and robotic process automation (RPA) features.
- The finest transaction orchestration layer in the industry, down to the smart contract function level, compliant with all applicable regulations.
Roy Tal, the Chairman of ISP Group, said: “We have been following Taurus since 2021 and are impressed by the company's success, entrepreneurial spirit, and agility—qualities that we share. We are therefore very excited to go live with Taurus and look forward to our collaboration to provide a wide range of digital asset solutions to our clients.”
Lamine Brahimi, Co-Founder and Managing Partner of Taurus, commented: “ISP Group has experienced tremendous growth over the past few years, and we are proud to support them in developing their digital asset business by leveraging Taurus’ market-leading custody technology. We share a similar entrepreneurial spirit and a passion for building innovative products.”
With the implementation of Taurus' solutions, ISP strengthens its digital asset capabilities. It also lays the foundation for a future-proof and compliant business to capture new revenue opportunities related to digital assets market growth.
About ISP Group AG
ISP Group (www.ispgroup.com) is a Swiss privately-owned specialised investment boutique founded in 1993. We serve corporates, banks and other financial institutions, investors, and traders through a unique blend of the latest technology, high-touch service and the extensive expertise of our interdisciplinary teams.
We specialise in structured credit, fixed income, structured products and AMCs and offer paying agent, placement agent, wealth and asset management services as well as digital assets and private market solutions. We operate as a licensed securities firm under the FINMA in Switzerland, the ISA in Israel, and the SFC in Hong Kong. ISP Group AG is headquartered in Zurich, with offices in Geneva, Israel, Hong Kong and has full access to the major global markets.
About Taurus SA
Taurus SA is a Swiss company, founded in April 2018, that provides enterprise-grade digital asset infrastructure to issue, custody, and trade any digital assets: cryptocurrencies, tokenized assets, NFTs, and digital currencies. With more than a 50% market share in Switzerland, it is a global leader in the banking segment, entrusted by the full spectrum of financial institutions: systemic banks, universal banks, online banks, crypto-banks, private banks, and broker-dealers. Taurus also operates a marketplace for private assets and tokenized securities.
For further information on Taurus, please visit www.taurushq.com
Share on
