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Altcoins

Taurus Expands Institutional Footprint With Super Validator Role on Canton Network

By admin
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Taurus Expands Institutional Footprint With Super Validator Role on Canton Network

Taurus has expanded its institutional digital-asset infrastructure to the Canton Network, joining the blockchain as a Super Validator and adding custody support for the Canton Token Standard, the company said in a press release Tuesday.

The Geneva-based firm will help validate transactions and operate Canton’s Global Synchronizer, the coordination and settlement layer for applications built on the public, permissionless network. The move strengthens Canton’s institutional focus as banks and market operators ramp up tokenization efforts.

Canton has processed more than $6 trillion in tokenized assets across bonds, repos, money-market funds, loan commitments and insurance. Taurus said the integration will enable clients to tap Canton’s privacy and collateral-management features.

“Expanding our custody capabilities to the Canton ecosystem and joining the Canton Network as a Super Validator marks a strategic milestone,” said Taurus CMO Victor Busson, in the release.

The Canton Foundation said Taurus’ relationships with major banks, including Deutsche Bank (DB), CACEIS, Santander (SAN) and State Street (STT), make it a strong fit for the validator set.

Founded in 2018 and regulated by FINMA, Taurus provides infrastructure for token issuance, custody and trading across global financial institutions.

The Canton Network, governed by the Canton Foundation, is powered by its native Canton Coin and supports decentralized, institution-grade application development.



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