TAURUS, a Swiss-backed digital asset infrastructure company, unveiled by Deutsche Bank, Tauurus-Capital, a new platform based on Solana Blockchain designed to help financial institutions decorate real assets.
The platform will allow banks and other exporters to custody and share symbolic assets based on Solana through Tauus-PROTECT, the company’s custody platform, and the creation and management of new symbolic assets at the head of Tauurus.
Taurus emphasized the speed of high treatment in Blockchain and the low cost as the main advantages of its customers, providing greater efficiency in automating financial operations.
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Jürgen Hofbauer, head of global strategic partnerships in Tauurus, explained that Solana’s integration was driven by institutional demand for the distinctive symbol solutions in the real world (RWA).
He pointed out that the platform will support the symbol of a wide range of assets, including fairness, debt, organized products, money, distinctive deposits, and even the Central Bank digital currencies (CBDCS), while reducing the costs and operational complications.
The origins of the distinctive real world grow on Solana
The RWA sector, which includes a symbolic traditional financial and physical assets on Blockchain to improve access and liquidity, is witnessing rapid growth on the Solana network.
TAURUS, who raised $ 65 million in a series of financing B in 2023 with the participation of senior financial players such as Credit Suisse and Deutsche Bank, believes that the digital asset industry has the ability to reach a value exceeding 10 trillion dollars through digitization of private assets.
Just this week, Franchccha made a FOBXX Money Blockchain market. This step makes the third largest market for a distinctive symbol on a preferred platform to issue a new distinctive symbol and decentralized trading on the costs of low transactions and rapid productivity.
