Deutsche Bank Partners with Swiss Crypto Startup Taurus to Offer Custody and Tokenization Services

Deutsche Bank is partnering with Swiss startup Taurus to offer cryptocurrency custody and tokenization services.
Deutsche Bank has applied for a crypto custody license from Germany's financial regulator, BaFin.
The bank invested in Taurus as part of the startup's $65M Series B funding round earlier this year.
The initial focus will be on custody for select cryptocurrencies and stablecoins.
Emerging regulations in Europe and Asia are providing clarity for traditional finance firms looking to offer crypto services.

coindesk.com

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