Taurus, a leading provider of digital asset infrastructure backed by Deutsche Bank, Credit Suisse, and State Street, has partnered with Blockdaemon, a company that facilitates institutional staking across more than 60 protocols. This collaboration aims to offer institutional-grade staking services to global banks and financial institutions.
Through this partnership, Taurus clients now have the opportunity to stake assets on major proof-of-stake (PoS) networks using Blockdaemon’s infrastructure, all while benefiting from Taurus-PROTECT, the company’s secure custody solution designed for banks.
Victor Busson, Chief Marketing Officer at Taurus, expressed, “Our collaboration with Blockdaemon expands the range of staking services available to our institutional clients, ensuring that they continue to receive the high security and compliance standards they require. This development is a significant step in increasing the accessibility of digital asset participation for banks and financial institutions.”
Andrew Vranjes, Chief Revenue Officer at Blockdaemon, emphasized the importance of having reliable infrastructure, strong security measures, and governance frameworks in place for institutional staking. He highlighted that by partnering with Taurus, banks and regulated financial institutions can leverage Blockdaemon’s diverse staking and earning services across multiple networks within a secure custody environment, thereby upholding operational resilience, regulatory oversight, and complete asset ownership across PoS networks.