todayonchain.com

Deutsche Bank-backed Taurus and Blockdaemon team up to power institutional staking services

Crypto Briefing
Taurus and Blockdaemon partnered to offer institutional-grade staking services for global banks and financial institutions.

Summary

Taurus, a digital asset infrastructure provider backed by major financial institutions, has partnered with Blockdaemon, a platform powering institutional staking across over 60 protocols. This collaboration allows Taurus clients to stake assets on major proof-of-stake (PoS) networks using Blockdaemon's infrastructure while retaining custody through Taurus-PROTECT, their bank-focused custody solution. The integration is designed to help regulated entities meet stringent risk and compliance requirements while earning staking rewards and participating in network governance. Both companies emphasized that this move makes digital asset participation more accessible for banks by combining robust security, high availability, and full asset ownership within a compliant framework.

(Source:Crypto Briefing)