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Taurus taps Everstake to expand crypto staking options for banks and institutions

The Block
Taurus partnered with Everstake to integrate non-custodial staking services into its institutional custody platform.

Summary

Swiss firm Taurus is expanding its crypto staking offerings for banks and regulated clients by integrating infrastructure from Everstake, a major non-custodial staking provider. This integration will fold Everstake’s services into Taurus-PROTECT, the institutional custody system used by numerous global banks, allowing clients to stake assets while maintaining direct control within the Taurus ecosystem. Initially, staking will be available for Solana, NEAR, Cardano, and Tezos, though the largest proof-of-stake network, Ethereum, is notably absent from the launch lineup. The partnership aims to simplify compliance-focused staking by providing segregated infrastructure, defined governance, and audit trails, supporting Taurus's broader strategy to widen on-chain services for maturing digital-asset products.

(Source:The Block)