Taurus-PROTECT is live! Vontobel AG selects Taurus as digital asset custody partner

Digital Assets: Taurus-PROTECT cold storage custody solution consolidates its leadership position.

Geneva – Zurich: Taurus SA (Taurus), a Swiss FinTech specialized in digital assets and blockchain, is proud to announce that Taurus-PROTECT, its cold storage solution for exchanges, banks and asset managers, is live with several large financial institutions. This represents a key milestone for the firm.

Less than one year after the launch of its first version, Taurus-PROTECT has become a leading digital assets custody platform. It was developed by Taurus for its own needs and those of institutional clients. The platformis already in production with several leading financial institutions, including Bank Vontobel AG, one of the most experienced and sophisticated European banks in the area of digital assets and cryptocurrencies.

Dr. Jean-Philippe Aumasson, founding member and head of security of Taurus SA: "Taurus-PROTECT was built hand in hand by financial services and cybersecurity experts with security, ease of use and compliance in mind. I am very proud to consistently hear from clients that it is the best and most complete custody solution in the market. We continue investing both in the technology and new business services and I look forward to bringing soon further innovations."

Sébastien Dessimoz, founding member of Taurus SA: “The implementation of highly reliable custody solutions for digital assets is a key success factor for the next generation financial markets infrastructure that is blockchain-based. Taurus-PROTECT is since day one compliant with the most stringent Swiss and international regulations allowing, among others, banks to custody client assets in a fully segregated manner without impact on their capital ratios. It integrates easily and offers a full suite of risk management, treasury and analytics features that answer the most sophisticated requirements”.

Taurus-PROTECT is an on-premise solution that uses FIPS 140-2 level 3 certified hardware security modules (HSMs), some of the most secure hardwares in the world. It has been developed internally by Taurus. ELCA, the leading independent Swiss IT company, is Taurus’ integration partner.                            

******************

About Taurus SA

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

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

Media relations:

• media@taurusgroup.ch
• M. Christophe Lamps, Senior Partner Dynamics Group, cla@dynamicsgroup.ch (+41 79 476 26 87)