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Taurus integrates Cardano to its platform, incl. staking

Taurus integrates Cardano to its platform, including staking
Taurus integrates Cardano to its platform, incl. staking

Geneva, 14 Sep 2021

Taurus, the Swiss leader in digital assets infrastructure, is pleased to announce that it successfully integrated the Cardano blockchain, including staking capabilities, into its institutional-grade platform. Cardano is available immediately and was designed to fully support the Alonzo hard fork, which took place on September 12.

Staying at the forefront of innovation

Taurus’ clients can now collect staking rewards on Cardano using Taurus-PROTECT, the leading digital asset custody platform in Europe. In addition, Taurus has expanded Taurus-EXPLORER,  its blockchain connectivity infrastructure, to support Cardano.

This integration responds to the growing institutional demand for Cardano for battle-tested Proof-of-Stake ("PoS") blockchain protocols.

At the time of writing, investment banks, online banks, private banks, as well as crypto banks will start using Cardano, leveraging Taurus’ infrastructure.

Frederik Gregaard, CEO, Cardano Foundation said:

“De-risking decentralization for regulators and other institutional organizations is of paramount importance to the Cardano Foundation. As such, we are delighted to collaborate with institutional-grade companies like Taurus in order to integrate our blockchain. We want to build bridges that can support those embarking on the blockchain journey with us.”.

JP Aumasson, Taurus co-founder and Chief Security Officer:

“We are pleased to integrate Cardano and further expand our PoS protocols offering to our clients. We enjoyed collaborating with the Cardano technology teams and look forward to integrating smart contracts in the near future”.

About Taurus SA

Taurus SA was founded in April 2018 in Geneva, Switzerland, specialising in digital assets and blockchain. Taurus was founded by senior executives with a background in banking, regulatory, IT and cyber security. Taurus delivers its clients the infrastructure to manage ANY digital asset: cryptocurrencies, tokenised assets and digital currencies, with one unified platform. It is a leader in Europe and Switzerland. Taurus solutions are in production and entrusted with the full spectrum of banks: systemic banks, investment banks, private banks, retail/digital banks, crypto-banks, trading venues.

For more information, please visit: https://www.taurushq.com

About Cardano Foundation

Cardano Foundation is an independent Swiss-based non-profit that oversees and supervises the advancement of Cardano. It is the legal custodians of the Cardano brand and we work with IOHK and EMURGO to ensure that Cardano is being developed and promoted as a secure, transparent, and accountable solution for positive global change. The Cardano Foundation sets the direction for decentralized economic empowerment, working with regulators in different jurisdictions to shape blockchain legislation and commercial standards, and empowering the Cardano community to leverage the Cardano protocol to solve real-life problems.

Learn more about Cardano at https://cardano.org and https://cardanofoundation.org/