Taurus and Figment Partner to Bring Staking to Banks

By: financefeeds|2025/05/02 17:15:01
0
Share
copy
Taurus SA has announced a new partnership with Figment that will integrate Figment’s staking infrastructure into Taurus’ digital asset custody platform, expanding regulated institutional access to staking rewards on major blockchain networks including Ethereum and Solana. The collaboration will allow Taurus’ banking clients to stake digital assets through the Taurus PROTECT platform using Figment’s enterprise-grade infrastructure while retaining full ownership and control over their assets and associated rewards. This integration targets regulated financial institutions seeking secure and compliant exposure to Proof-of-Stake protocols. Staking for regulated banks and large institutions Eva Lawrence, Regional Managing Director in EMEA at Figment, commented, “We are pleased to announce our partnership with Taurus to provide Figment’s best-in-class staking infrastructure through the secure and reliable Taurus-PROTECT platform. This collaboration leverages both companies’ experience working with leading regulated banks and large institutions, and we are proud to provide a seamless and robust asset custody solution that enables staking which is tailored to meet the needs of this customer base.” Taurus said the partnership aligns with its goal to enable its institutional clients to diversify their digital asset operations beyond custody and trading by integrating staking into a secure regulatory framework. The solution combines Taurus’ custody infrastructure with Figment’s expertise in staking, including slashing protection, reward tracking, and API integration. Victor Busson, Chief Marketing Officer at Taurus, commented, “This collaboration between Taurus and Figment brings together two firms that share a deep institutional DNA. It reflects our commitment to providing regulated financial institutions with secure, compliant, and scalable access to staking services.” The partnership makes use of Taurus PROTECT, Taurus’ custody solution tailored for systemic and universal banks. Through the platform, institutions will be able to stake supported digital assets without compromising custody security or regulatory compliance. Taurus PROTECT is integrated into the broader Taurus digital asset infrastructure, which supports issuance, trading, and tokenization. Taurus is regulated by Switzerland’s FINMA Taurus is regulated by the Swiss Financial Market Supervisory Authority (FINMA) and serves a wide range of financial institutions, including private banks, broker-dealers, and crypto-native firms. The company also operates TDX, a trading venue for tokenized securities. Figment provides staking services to more than 700 institutional clients globally and is the largest non-custodial staking provider on Ethereum. Its staking suite includes audit-grade infrastructure, automated tools, and client-facing portals for reward monitoring and staking execution. Both firms said the integration would further streamline staking access for banks that prioritize regulatory oversight and risk mitigation. By combining secure infrastructure with staking capabilities, the offering responds to growing institutional interest in on-chain yield without the need to self-manage validator infrastructure. The announcement comes as regulated institutions increasingly seek exposure to blockchain rewards mechanisms, especially as Proof-of-Stake networks continue to mature and offer non-speculative revenue streams. Taurus and Figment said additional supported blockchain protocols will be announced as the integration progresses.

-- Price

--

You may also like

Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down

OUSD was jointly launched by more than 140 giants, causing Circle's stock price to plummet in a single day. Circle's CEO personally wrote a response, clarifying USDC's moat from three aspects: network effects, liquidity, and regulation, and dismantling OUSD's three selling points of "free redemption...

Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog

WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.

How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?

The competition logic of exchanges has changed.

Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?

A programmer from a big tech company bought hard drives on Pinduoduo and, following clues, managed to accurately capture the sixfold rising stock Seagate using the "finding daily anomalies + 13F institutional verification" framework, making a wild profit of $400,000 and achieving financial freedom.

Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited

As an important milestone event in the stablecoin landscape, OUSD is likely to change the existing stablecoin landscape and significantly increase the adoption rate of stablecoins in the global financial system.

WEEX Launches Depth Chart for Spot Trading

WEEX Spot now supports Depth Chart, helping users visualize buy and sell orders, spot liquidity walls, and understand market depth more clearly before placing trades.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com