Taurus, serving 40-plus banks including Deutsche Bank and State Street, completed full support for the Hedera technology stack, covering custody, tokenization, and smart contracts in one platform. The move lets institutions expand from crypto custody into tokenized securities without launching new procurement.
Taurus, the Swiss infrastructure provider serving 40-plus banks, completed full support for the Hedera technology stack, letting institutions custody, tokenize, and deploy smart contracts through one platform.
"Financial institutions need infrastructure that can cover more than one digital asset use case," Lamine Brahimi, Co-Founder and Managing Partner at Taurus, said. "They want a single platform for the full spectrum of their strategy."
The integration spans Taurus-PROTECT, Taurus-EXPLORER and Taurus-CAPITAL, covering custody, staking, node infrastructure, token issuance through the Hedera Token Service, and programmable products via Hedera's EVM-compatible Smart Contract Service. Taurus serves 40-plus banks, including Deutsche Bank, CACEIS and State Street, which holds roughly $5.4 trillion under custody. Hedera has processed more than 70 billion transactions, with a governing council that includes Google, IBM, Deutsche Telekom, Standard Bank, Accenture and FedEx.
The move comes as Europe's Markets in Crypto-Assets Regulation takes effect and the US CLARITY Act advances, pushing banks to consolidate tokenization infrastructure rather than buy separate custody, issuance and smart-contract tools. HBAR traded at $0.069, with a market cap of $3.45 billion, as of the latest data.
The final addition — smart contract support — is the most consequential. Hedera's EVM-compatible environment lets developers build with Solidity and existing Ethereum tooling while running on a network designed for enterprise use, lowering the technical barrier for banks already investing in Ethereum-based development.
The expansion also benefits third-party software providers building tokenization engines, stablecoin platforms and fund administration systems, which can now deploy on Hedera while relying on Taurus for institutional custody.
"With the MiCA regulatory framework taking effect in Europe, alongside the progress in the USA with the CLARITY Act, institutional investors and highly regulated financial institutions can now enter the Web3 space with ease and confidence," Kamal Youssefi, President of The Hashgraph Association, said.
The Hashgraph Association, a Swiss non-profit, funded the integration. Taurus was built over 18 months and now serves 40-plus banks.
The race is moving beyond custody. Banks increasingly evaluate platforms on whether they can support the entire lifecycle of tokenized finance — from custody and settlement to issuance, collateral management and programmable products. As regulatory uncertainty recedes, technology procurement rather than legal uncertainty is becoming the primary constraint on banks moving into tokenized finance.
For banks considering tokenization strategies, the ability to expand from cryptocurrency custody into stablecoins, tokenized funds or programmable securities without launching another procurement project may prove more valuable than adding another blockchain integration alone.
This article is for informational purposes only and does not constitute investment advice.
