State Street Partners with Taurus to Enhance Digital Asset Custody and Tokenization Services

State Street has partnered with Swiss fintech firm Taurus to advance its digital asset custody and tokenization services. Leveraging Taurus' technology, State Street will be able to offer clients services that include tokenizing real-world assets, managing digital securities, and automating the lifecycle management of these assets. This collaboration will see State Street integrating three of Taurus' key products: Taurus-PROTECT for digital asset custody, Taurus-CAPITAL for streamlining tokenized asset creation and management, and Taurus-EXPLORER for blockchain connectivity across multiple protocols.

This partnership marks a significant move for State Street in the growing digital asset space. By combining Taurus' cutting-edge fintech solutions with State Street’s institutional infrastructure, the firm aims to position itself as a leader in the digital asset market. This initiative is part of State Street’s broader commitment to providing innovative digital asset services to its clients. According to Donna Milrod, Chief Product Officer at State Street, the collaboration enhances their ambition to deliver a superior digital asset experience.

Taurus, for its part, expressed enthusiasm about the partnership. Lamine Brahimi, co-founder of Taurus, highlighted the strategic nature of the collaboration and the opportunity to introduce innovative digital asset products and services to the industry.

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