Taurus and Elca form a partnership in the secure storage of digital assets and cryptocurrencies

Geneva - Lausanne - Zurich: Taurus SA and ELCA Informatique SA announce their partnership to integrate and market solutions developed by Taurus. The financial services company, active in digital assets, and the largest independent IT company in Switzerland, join forces in the field of secure storage of digital assets and cryptocurrencies.

The partnership begins with the integration of Taurus-PROTECT solutions, which aim to provide ultra-secure digital asset storage services to institutional clients, and already include major Swiss financial institutions. The collaboration between ELCA and Taurus is planned to further grow with the integration of the Taurus-Digital-Exchange trading platform, once it is operational and has obtained the required licenses.

Lamine Brahimi, founding member of Taurus SA: "Our objective is to build the best possible team internally and also to establish targeted partnerships with complementary companies with an impeccable reputation. We have known ELCA's leadership for many years and have been impressed by the quality of their cybersecurity division. Working together will enable the simple and efficient integration of our Taurus-PROTECT technology at banks and other financial institutions. This partnership will also accelerate deployment of our digital asset storage solutions to meet significant demand, while keeping our development teams focused on new platforms to come”.

Christophe Gerber, Head Defense and Cybersecurity at ELCA: “In addition to software engineering and systems operation skills, ELCA has strong blockchain and cybersecurity expertise. We will play a pioneering role in the field of digital assets, which is growing and becoming institutionalised in Switzerland. Taurus is a highly innovative company and I welcome our partnership, which brings together cutting-edge skills. We share the same values of excellence, trustworthiness and independence. Our teams are already working hand in hand to make Taurus-PROTECT the reference security solution for banks and asset managers. The feedback from customers is extremely encouraging.”

About Taurus SA

Taurus SA is a financial services company created in Geneva in April 2018. It was founded by senior executives from the banking, asset management, regulatory, and cybersecurity areas. Its offering is based on three pillars:

• Taurus-TRADE: providing brokerage and digital assets exchange services to institutional and private investors
• Taurus-INVEST: providing exposure digital assets through investment vehicles
• Taurus-PROTECT: providing ultra-secure safekeeping of digital assets.