The Swiss fintech company Taurus has introduced the Taurus-Network (TN) interbank network for transactions with digital assets. The new platform is designed for regulated financial institutions and offers instant settlements, reduced counterparty risks and full control over assets without intermediaries. Among the first participants in the network are Arab Bank Switzerland, Swissquote and other international banks that already offer clients cryptocurrency storage services.
The special feature of the Taurus-Network is its technological flexibility: the system works with any blockchains (public and private) and supports all types of digital assets - from cryptocurrencies to tokenized securities. As the company notes, this allows banks to avoid being “locked in” to one ecosystem and freely interact with different types of digital assets.
Taurus predicts that 2025 will be a turning point for the mass adoption of crypto assets by traditional banks. According to the company's experts, geopolitical instability and tightening regulation will only accelerate this process, as institutional players seek more transparent and secure financial instruments.