Taurus launches interbank digital asset network Taurus-NETWORK

ChainCatcher news, according to The Block, Swiss fintech company and infrastructure provider Taurus has announced the launch of Taurus-NETWORK, an interbank platform designed to connect global financial institutions for seamless collaboration on digital assets. The network aims to unlock new use cases such as collateralized loans, real-time settlement, and operational automation, while reducing counterparty risk.

The new network is specifically built for clients of Taurus-PROTECT (the company's institutional-grade custody solution) and aims to create a licensed ecosystem composed of regulated entities. It enables secure interactions between participants without relying on third parties to process or settle transactions.