Chainlink Partners with Swiss Taurus to Boost Tokenized Asset Adoption
Swiss cryptocurrency custody and trading firm Taurus has joined hands with Chainlink in a collaboration expected to advance institutional tokenized asset adoption.
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Swiss cryptocurrency custody and trading firm Taurus has joined hands with Chainlink in a collaboration expected to advance institutional tokenized asset adoption.
TL;DR Taurus and Chainlink partner to advance adoption of tokenized assets across global financial institutions. The collaboration will address key challenges such as security, data, and asset mobility by integrating Chainlink technology. Taurus will implement the Cross-Chain Interoperability Protocol (CCIP) to facilitate transfers of tokenized assets between different blockchains.
Taurus, backed by Deutsche Bank, has teamed up with Chainlink Labs to advance the use of tokenized assets by financial institutions.
The partnership could significantly boost institutional confidence in tokenized assets, potentially transforming global capital markets through enhanced security and interoperability. The post Deutsche Bank-backed Taurus and Chainlink team up to accelerate tokenized asset adoption appeared first on Crypto Briefing.
Taurus SA, a Swiss digital asset infrastructure provider backed by Deutsche Bank and Credit Suisse, has partnered with the decentralized oracle service Chainlink to fast-track the tokenized asset adoption by global financial institutions.
Taurus teams up with Chainlink Labs to address challenges related to tokenized assets, including cross-chain mobility, data integration and security.
Taurus will integrate Chainlink's Cross-Chain Interoperability Protocol (CCIP), which it tested in a PoC earlier this year.
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