Partnership Announcement: Taurus and BankPozitif Join Forces for Crypto Custody
A new partnership has emerged in the world of cryptocurrency custody, as Taurus and BankPozitif have announced a collaboration to expand digital asset integration in Turkey’s banking ecosystem.
Key Points:
- Taurus partners with BankPozitif to enhance digital assets custody in Turkey.
- Services on Solana and Hedera recently launched by the Swiss-based platform.
Institutional-Grade Custody Solutions
Taurus will be providing its Taurus-PROTECT and Taurus-EXPLORER solutions to BankPozitif’s clients as part of this partnership. Taurus-PROTECT offers institutional-grade custody services for crypto, tokenized assets, and digital currencies. On the other hand, Taurus-EXPLORER is a blockchain node and indexing infrastructure service that enables users to utilize public and permissioned blockchains.
Quotes from the Stakeholders:
Dr. Erkan Kork, the chairman of BankPozitif, expressed his excitement about the partnership, stating, “This partnership with Taurus is a significant step in our digital transformation journey as we focus on innovative products and expand our investments in digitalization.”
Lamine Brahimi, managing partner at Taurus, emphasized the favorable conditions for innovation in digital asset banking, stating, “The combination of high adoption rates, increasing institutional interest, and constructive regulatory frameworks creates a conducive environment for innovation.”
Expansion and Future Plans
This partnership with BankPozitif marks Taurus’ latest venture in Turkey, following a previous collaboration with neobank startup Misyon in 2024. Additionally, Taurus has expanded its solutions to Solana and partnered with the Hashgraph Association to bring custody, staking, and asset tokenization to Hedera (HBAR). With backing from Deutsche Bank, Taurus also has a presence in tokenization in Switzerland and Germany.
