A company affiliated with Deutsche Bank shared with its followers that it supports the altcoin network in its statement.
Taurus, leading digital asset infrastructure provider backed by Deutsche Bank, announced its expansion to the Stellar (XLM).
This Swiss financial technology company is famous for providing services to organizationsposition for large financial positions such as Deutsche Bank, Credit Suisse and Santander.
Starting Monday, digital asset custody platform Taurus-PROTECT and digital tokenized issuance platform Taurus-CAPITAL will be available on the Stellar blockchain. This integration will enable banks and issuers to manage any tokenized asset on the Stellar network with customizable capabilities, fully automating payment flows using wallet behaviors programmable and access controlled.
Taurus Head of Global Strategic Partnerships, Jürgen Hofbauer, said in his statement:
“The integration with Stellar aligns perfectly with Taurus’ strategic developments as the blockchain is optimized and developed for asset tokenization. “Our banking and non-banking customers can now benefit from lower fees and faster transactions, optimizing efficiency across a variety of crypto use cases such as equity, debt , structured products, funds, tokenized deposits and CBDC.”
Prior to this announcement, Taurus encryption service was supported Ethereum and Tezos.
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