Taurus Brings Tokenization to Solana for Banks
Taurus, a firm specializing in digital asset infrastructure, has rolled out a sophisticated custody and tokenization platform called Taurus-Capital, integrated with the Solana blockchain.
Backed by Deutsche Bank, Taurus aims to provide financial institutions worldwide with solutions for tokenizing assets.
This new integration enables banks and asset issuers to securely store and stake Solana-based tokenized assets through the Taurus-Protect platform, while also issuing programmable assets on Taurus-Capital. The firm highlights the efficiency gains for clients, made possible by Solana’s high throughput and low latency, which streamline financial processes and payment automation.
Jürgen Hofbauer, Taurus’ head of global strategic partnerships, explained that the move was in response to growing institutional demand for tokenization solutions of real-world assets (RWAs). The platform supports a broad range of tokenized assets, including equity, debt, structured products, and digital currencies, helping clients reduce costs and complexity.
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Taurus, which raised $65 million in a Series B funding round in February 2023, views the potential of the digital asset industry reaching over $10 trillion through private asset digitization. This expansion is facilitated by the Swiss Distributed Ledger Technology (DLT) Act of 2021, which created a regulatory framework allowing banks to offer tokenization services with clear guidelines.
The firm also sees increasing interest from banks, particularly in the Middle East, as they seek to enhance their digital asset services. As traditional finance increasingly converges with digital assets, institutions are turning to Solana for stablecoin and tokenized asset solutions.
Alexander Stefanov
Reporter at CoinsPress
Alex is Editor-in-Chief of Coinspress and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
