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Cryptocurrency News Articles

Hashgraph Association Collaborates with Taurus to Enhance HBAR Custody and Staking for Financial Institutions

Jan 21, 2025 at 05:57 pm

The Hashgraph Association (THA) has announced a new strategic partnership with Taurus, a leading digital asset infrastructure provider. The collaboration will allow the integration of HBAR, Hedera's native cryptocurrency, and the Hedera Token Service (HTS) into Taurus' platform.

Hashgraph Association Collaborates with Taurus to Enhance HBAR Custody and Staking for Financial Institutions

Hashgraph recently announced a new strategic partnership with Taurus, a leading digital asset infrastructure provider.

The collaboration will focus on driving global adoption of Hedera's distributed ledger technology (DLT) in fast-growing regions, with a particular emphasis on integrating HBAR, Hedera's native cryptocurrency, and the Hedera Token Service (HTS) into Taurus' platform.

This partnership will provide institutional clients with the tools they need to securely store and issue HBAR, while contributing to the wider adoption of its ecosystem.

Taurus, a world-class, secure platform for digital asset management, will play a crucial role in meeting the increasing demand for institutional-grade custody and tokenization.

Kamal Youssefi, President of The Hashgraph Association, expressed his enthusiasm for working with the Taurus team to integrate Hedera and enable new opportunities in secure digital assets.

Lamine Brahimi, Taurus Co-Founder and Managing Partner, highlighted their commitment to supporting the world's most advanced blockchain and distributed ledger technologies, and their excitement to work with The Hashgraph Association to provide institutional clients with the tools they need.

This partnership aims to expand institutional adoption of Hedera's decentralized enterprise-grade solutions across the financial and banking industry globally.

Taurus' state-of-the-art technology stack, specializing in custody, tokenization, and node infrastructure, will enable banks and other financial institutions to securely custody and stake HBAR and issue Hedera-based tokenized assets, all while meeting regulatory and stringent security standards.

The Hashgraph Association (THA) is a non-profit organization that pioneers a new era of digital enablement, with a focus on funding, training, and venture-building programs to support the adoption of enterprise-grade Hedera-powered solutions globally.

THA's mission is to培育a new wave of decentralized applications and services, ultimately contributing to a more inclusive and sustainable digital future.

Taurus SA (Taurus) is a Swiss FinTech company that provides enterprise-grade digital asset infrastructure solutions to issue, custody, and trade any digital assets: cryptocurrencies, tokenized assets, and digital currencies, seamlessly and securely.

Taurus' technology stack enables banks and other financial institutions to integrate and launch new digital asset services quickly and efficiently.

Taurus is a securities firm supervised and regulated by FINMA, and TDX is an organized trading facility operated by Taurus.

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