Leading digital asset infrastructure provider powered by Deutsche Bank Taurus Chainlink (LINK) formed a partnership with.
Taurus announced that it will use Chainlink’s platform to enhance tokenized assets with real-world data and ensure compatibility between different blockchains.
Under this partnership, Taurus will also use Chainlink’s market data services and Proof of Reserve feature to ensure transparency. Taurus will also integrate Chainlink’s Cross-Chain Cooperation Protocol (CCIP) for seamless asset transfers between blockchains. This collaboration aims to deliver greater liquidity and data integrity to corporate customers.
Juergen Hofbauer, Taurus’ Head of Global Strategic Partnerships, said in his statement:
“By leveraging Chainlink’s industry-leading infrastructure, we are able to offer our institutional customers unmatched liquidity and data integrity for their tokenized assets. This collaboration aligns perfectly with our mission to provide the most advanced and secure digital asset infrastructure on the market. “Together with Chainlink, we provide financial institutions with important information about the status of assets and facilitate transactions across multiple chains.”
Fidelity International and cryptocurrency bank Sygnum Bank also partnered with Chainlink earlier this year.
*This is not investment advice.
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