• Taurus has finished Cardano integration and now supports staking

  • Taurus, a blockchain infrastructure and digital asset management firm that uses an institutional-grade platform, has successfully integrated with the Cardano blockchain.

    With the integration, all of the Cardano blockchain’s capabilities will be mirrored onto Taurus’ institutional-grade platform, with staking capabilities now supported in its chain. Cardano’s latest upgrade, the Alonzo hard fork, will be immediately available on the platform, along with updated features and performance.

    🎉Taurus successfully integrated #Cardano #blockchain including staking capabilities into its institutional-grade platform👏@F_Gregaard said:“De-risking decentralization for regulators and other institutional organizations is of paramount importance to the Cardano Foundation.” https://t.co/lwxOgIkxgS— Cardano Foundation (@CardanoStiftung) September 14, 2021

    The integration was done in response to “growing institutional demand” for Cardano’s Proof-of-Stake blockchain protocol, according to Taurus’ official press release.

    “The Cardano Foundation places a high value on de-risking decentralization for regulators and other institutional organizations. As a result, we are excited to work with institutional-grade companies like Taurus to integrate our blockchain. We want to build bridges that will help those who are embarking on the blockchain journey with us,” Cardano Foundation CEO Frederik Gregaard explained.

    Taurus’ Taurus-PROTECT digital asset custody platform is a market leader in Europe. It has also expanded the firm’s proprietary blockchain connectivity infrastructure, Taurus-EXPLORER, to support Cardano.

    “We are excited to integrate Cardano and expand our PoS protocol offerings to our clients. We had a great time working with the Cardano technology teams and look forward to incorporating smart contracts in the near future,” says Taurus co-founder and Chief Security Officer JP Aumasson.

    Taurus is a Geneva-based firm that specializes in digital asset custody and the development of blockchain infrastructure. It was founded in 2018 by former senior executives from Switzerland’s banking and regulatory sectors, as well as executives from information security and technology.

    The company offers a centralized platform for cryptocurrencies, tokenized assets, and emerging digital currencies. Systemic banks, investment banks, private banks, retail/digital banks, crypto-banks, and trading venues are among Taurus’ clients. With the integration, these institutional clients will now have access to Cardano’s decentralized, open-source blockchain network, which can theoretically execute over a million transactions per second and serve as a platform for smart contract deployment.

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