Custody and key management

Custody technology provider

A custody technology provider supplies the software and hardware stack a bank runs to custody digital assets itself; the bank remains custodian of record with control of the keys. This differs from a third-party custodian, which holds keys on clients' behalf and becomes the counterparty.

Why the distinction matters to regulators and clients

With a technology provider, the bank keeps the client relationship, the regulatory permission, and the keys; the provider is auditable software inside the bank's control framework. With a third-party custodian, clients take exposure to that custodian, and the bank outsources its core trust function.

Taurus is a technology provider: banks run Taurus-PROTECT in their chosen deployment, about one in four Taurus client institutions fully on-premises, and remain sole controllers of their keys.

Custody technology provider, explained

Is Taurus a custodian?
No. Taurus is a FINMA-regulated securities firm providing custody technology. Banks run Taurus software, in their own infrastructure if they choose, and remain the custodian of record with exclusive control of private keys.

Talk to our experts →

Custody and key management

Custody technology provider

A custody technology provider supplies the software and hardware stack a bank runs to custody digital assets itself; the bank remains custodian of record with control of the keys. This differs from a third-party custodian, which holds keys on clients' behalf and becomes the counterparty.

Why the distinction matters to regulators and clients

With a technology provider, the bank keeps the client relationship, the regulatory permission, and the keys; the provider is auditable software inside the bank's control framework. With a third-party custodian, clients take exposure to that custodian, and the bank outsources its core trust function.

Taurus is a technology provider: banks run Taurus-PROTECT in their chosen deployment, about one in four Taurus client institutions fully on-premises, and remain sole controllers of their keys.

Custody technology provider, explained

Is Taurus a custodian?
No. Taurus is a FINMA-regulated securities firm providing custody technology. Banks run Taurus software, in their own infrastructure if they choose, and remain the custodian of record with exclusive control of private keys.

Talk to our experts →

Custody and key management

Custody technology provider

A custody technology provider supplies the software and hardware stack a bank runs to custody digital assets itself; the bank remains custodian of record with control of the keys. This differs from a third-party custodian, which holds keys on clients' behalf and becomes the counterparty.

Why the distinction matters to regulators and clients

With a technology provider, the bank keeps the client relationship, the regulatory permission, and the keys; the provider is auditable software inside the bank's control framework. With a third-party custodian, clients take exposure to that custodian, and the bank outsources its core trust function.

Taurus is a technology provider: banks run Taurus-PROTECT in their chosen deployment, about one in four Taurus client institutions fully on-premises, and remain sole controllers of their keys.

Custody technology provider, explained

Is Taurus a custodian?
No. Taurus is a FINMA-regulated securities firm providing custody technology. Banks run Taurus software, in their own infrastructure if they choose, and remain the custodian of record with exclusive control of private keys.

Talk to our experts →

Custody and key management

Custody technology provider

A custody technology provider supplies the software and hardware stack a bank runs to custody digital assets itself; the bank remains custodian of record with control of the keys. This differs from a third-party custodian, which holds keys on clients' behalf and becomes the counterparty.

Why the distinction matters to regulators and clients

With a technology provider, the bank keeps the client relationship, the regulatory permission, and the keys; the provider is auditable software inside the bank's control framework. With a third-party custodian, clients take exposure to that custodian, and the bank outsources its core trust function.

Taurus is a technology provider: banks run Taurus-PROTECT in their chosen deployment, about one in four Taurus client institutions fully on-premises, and remain sole controllers of their keys.

Custody technology provider, explained

Is Taurus a custodian?
No. Taurus is a FINMA-regulated securities firm providing custody technology. Banks run Taurus software, in their own infrastructure if they choose, and remain the custodian of record with exclusive control of private keys.

Talk to our experts →