Miami, June 11, 2024 - FINLABS, a leader in innovative financial solutions, and Taurus, a global leader in institutional-grade digital asset infrastructure, have announced a collaboration agreement that will allow FINLABS to distribute and implement Taurus’ digital asset custody and tokenization solutions in the United States and Latin American countries. This announcement follows Taurus' recent opening of a new office in Vancouver, Canada, their first in North America.
José Frank Almeyda, CEO of FINLABS, commented: "Regulation is at a turning point in the US and LATAM and we expect financial institutions to accelerate their digital asset strategies. This agreement with Taurus represents an important strategic step for FINLABS. By integrating Taurus’ cutting-edge solutions into our portfolio, we will be able to offer our clients in the United States and LATAM the best tools for the secure custody of their digital assets and the tokenization of assets such as company shares, tokenized investment funds, and real estate. We are excited about the opportunities this collaboration will bring to our clients and the market in general."
Lamine Brahimi, Co-Founder and Managing Partner of Taurus, added: "We are pleased to partner with FINLABS, a company that shares our vision of innovation and security in the realm of digital assets. This agreement will allow us to expand our presence in key markets in the Americas region and bring our custody and tokenization solutions to a wider audience. We firmly believe that this collaboration will benefit both companies, enabling us to provide significant added value to our clients."
The agreement between FINLABS and Taurus includes the implementation of Taurus’ industry-leading custody and tokenization technology, which allows financial institutions to manage any digital assets throughout their full lifecycle. This partnership will not only strengthen FINLABS's position in the digital asset market but also allow Taurus to expand its geographic reach in the US and Latin American regions and consolidate its leadership in the industry.
About FINLABS
FINLABS is a leading company in innovative financial solutions, committed to digital transformation and innovation in the financial sector. With a focus on excellence and security, FINLABS offers a wide range of services and products to clients throughout the American continent.
About Taurus
Founded in 2018, Taurus is a Switzerland-based financial technology company providing enterprise-grade digital asset infrastructure. It offers services for issuing, storing, and trading all types of digital assets, including cryptocurrencies, tokenized assets, NFTs, and digital currencies. Additionally, Taurus operates a marketplace for private assets and tokenized securities and is a securities firm regulated and supervised by FINMA. For more information, visit: https://www.taurushq.com
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