- Following its strategic partnership with the DFINITY Foundation dated 26 September 2023, Taurus is pleased to announce that it has successfully integrated the Internet Computer’s native token, ICP, into Taurus-PROTECT.
- Taurus' integration includes all ICP staking capabilities, making it the most advanced ICP integration in the world.
- Several banking partners of Taurus, including AMINA Bank and Bank Syz, will be able to propose ICP to their clients.
Geneva, Zurich, 30.05.2024—Following its strategic collaboration with the DFINITY Foundation announced on 26 September 2023, Taurus is pleased to announce it has successfully integrated Internet Computer’s native token, ICP, and its staking capabilities into Taurus-PROTECT, Taurus’ digital asset custody platform. This is the most advanced ICP integration in the world to date, allowing financial institutions to provide proper access to ICP native tokens to their clients.
The Internet Computer is a fully decentralized, third-generation blockchain and crypto cloud infrastructure. The ICP network is made up of node providers hosted in independent data centers around the world. Since the network went live in May 2021, the Internet Computer has experienced zero downtime, and total transactions processed per day increased from 95M in 2022 to 490M in 2023, representing a 415% increase YoY.
Taurus’ banking partners will be able to propose ICP tokens to their clients with immediate effect. Taurus’ product and engineering team has built features that allow financial institutions to leverage all ICP staking mechanisms, including the most advanced ones, in a simple and streamlined manner.
DFINITY and Taurus are also pleased to announce that several Taurus partners, such as Bank Syz, AMINA Bank, and Capital Union Bank, will be able to start offering ICP tokens to their end clients.
Paul Meeusen, VP of Partnerships: “It has been our pleasure to partner with Taurus, and we look forward to Taurus-PROTECT enabling efficient and secure access to the ICP token and those of projects tokenizing on our protocol.”
Valérie Noël, Head of Trading, Bank Syz: "We are pleased to further enhance our digital asset offering through the powerful Taurus-PROTECT custody platform and look forward to including ICP in our offering. This collaboration underscores our commitment to providing our clients with access to cutting-edge solutions in the rapidly evolving digital asset landscape in a safe and secure way.”
Lamine Brahimi, Managing Partner and Co-Founder of Taurus: “Our teams delivered the most advanced ICP integration in the industry to date. Our banking partners, like AMINA Bank and Bank Syz, will be able to offer their clients easy access to ICP tokens and staking capabilities, enhancing their digital asset portfolios."
About the DFINITY Foundation
The DFINITY Foundation is a not-for-profit organization of leading cryptographers, computer scientists, and experts in distributed computing. With a mission to shift cloud computing into a fully decentralized state, the Foundation leveraged its experience to create the Internet Computer and currently operates as a major contributor to the network. For more information, please visit: https://dfinity.org/
About Syz Group
The Syz Group is a family owned and managed Swiss financial group focused on excellent long-term investment performance, robust risk management, and personal service for clients. Descending from a family that have been entrepreneurs for centuries, the group was co-founded in 1996 by Eric Syz who still leads the firm alongside his two sons and a team of industry experts. Stable and secure, the Syz Group holds substantial equity, at around double Switzerland’s regulatory requirements.
The group serves clients across three main areas:
- Bank Syz offers private clients a genuine alternative to the traditions of Swiss private banking.
- Syz Capital offers investors the opportunity to invest alongside the Syz family in hard to access alternative investments such as private markets.
- Syz Asset Management primarily invests the assets of Swiss institutional investors in bonds and money market instruments.
Syz clients share the group’s long-term view and focus on building sustainable wealth for the future.
For more information, please visit: Syzgroup.com
About Taurus SA
Taurus SA is a Swiss Fintech, founded in April 2018, that provides enterprise-grade digital asset infrastructure to issue, custody, and trade any digital assets, including cryptocurrencies, tokenized assets, NFTs, and digital currencies. Taurus 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. Taurus SA is a securities firm supervised and regulated by FINMA. TDX is an organized trading facility operated by Taurus.
About Taurus’ platform and products
Depending on their business model, strategy, and risk tolerance, Taurus' clients can seamlessly manage cryptocurrencies including staking, digitize and tokenize any type of asset on any standard end-to-end, and process digital currencies of their choice. Taurus’ product portfolio is composed of Taurus-PROTECT™, the leading secure storage solution in Europe which is currently used by more than 30 financial institutions and corporations. Taurus-CAPITAL™ allows clients to issue and manage tokenized assets on public and private blockchains, as well as interact with any smart contract. The regulated marketplace for digital assets, TDX™, is connected to Taurus-PROTECT™ and Taurus-CAPITAL™. All products leverage Taurus’ blockchain node infrastructure, Taurus-EXPLORER™, which provides a unified API and reliable broadcasting algorithms to interface securely with blockchain networks.
For more information, please visit: www.taurushq.com
For more information, please visit: www.t-dx.com
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