Taurus Partners with Blockdaemon on Crypto Staking

Taurus has teamed up with Blockdaemon to offer secure, compliant staking services for institutional clients, including major banks and financial institutions.

Key Takeaways

• Taurus integrates Blockdaemon’s institutional-grade staking into its digital asset platform for banks and regulated entities.
• Clients retain full control of assets via Taurus’ in-house custody, enabling secure participation in staking.
• The partnership supports staking across major Proof-of-Stake networks while meeting internal compliance and governance standards.
• Blockdaemon secures over $110 billion in assets for more than 400 institutions globally, boosting confidence in the collaboration.

What Happened?

Taurus, a Swiss digital asset infrastructure provider, has announced a strategic partnership with US-based Blockdaemon to bring institutional-grade staking services to its banking and financial clients. The integration enables these institutions to participate in cryptocurrency staking while maintaining full ownership and control over their digital assets using Taurus’ regulated custody platform.

Partnership Strengthens Institutional Access to Staking

The collaboration combines Blockdaemon’s robust staking infrastructure with Taurus’ secure custody solution, creating a gateway for financial institutions to earn staking rewards across leading Proof-of-Stake networks. This move targets a growing demand from traditional finance to engage with digital assets in a secure, compliant, and operationally sound environment.

• Taurus clients, including major players like State Street, UBS, and Santander, can now stake digital assets without compromising security or compliance.
• Blockdaemon’s infrastructure offers high availability, policy-driven controls, and governance participation, making it a good fit for institutional needs.
• The service is designed for regulated banks, custodians, and financial institutions seeking compliant access to staking rewards.

Victor Busson, Chief Marketing Officer at Taurus, highlighted the significance of the partnership, saying:

Meeting Compliance, Security, and Governance Demands

Staking, while lucrative, introduces unique operational and compliance challenges for institutions. This partnership directly addresses those concerns.

• Taurus offers FINMA-regulated custody infrastructure that enables full asset control while meeting rigorous financial standards.
• Blockdaemon’s services help institutions comply with internal risk, governance, and operational policies, allowing participation in network consensus without regulatory compromise.
• The infrastructure supports staking across multiple Proof-of-Stake networks, although specific networks were not disclosed.

Andrew Vranjes, Chief Revenue Officer at Blockdaemon, emphasized:

A Boost for Institutional Crypto Adoption

With this move, Taurus is clearly targeting the next wave of institutional crypto involvement by reducing barriers to entry and enhancing trust in digital asset services. It also aligns with a broader trend of traditional financial institutions increasingly seeking regulated avenues into crypto markets.

• The partnership could attract more conservative institutions who demand high compliance standards.
• It also strengthens Taurus’ position as a full-service provider for tokenized assets, digital trading, custody, and now, staking.
• For Blockdaemon, the deal reinforces its presence in Europe and further solidifies its role as a global leader in secure blockchain infrastructure.

CoinLaw’s Takeaway

In my experience, partnerships like this are the bridge between legacy finance and the crypto world. Institutions want in, but they need safety nets like regulatory compliance, asset control, and proven partners. This deal checks those boxes. What I found especially smart is Taurus letting clients keep full custody while tapping into Blockdaemon’s infrastructure. That’s a trust play, and it matters in the institutional world. I see this as a green light for more banks to step into staking without fear of compromising their security or compliance postures.

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