Taurus launches global interbank network for digital assets

Swiss fintech firm Taurus (CRYPTO:TAURUS) has unveiled the Taurus-Network (TN), a blockchain-agnostic interbank network designed to simplify and enhance digital asset transactions among regulated financial institutions.

Announced on April 9, the network aims to improve collateral mobility, optimise settlement speed, and reduce counterparty risks while supporting capital and liquidity management for digital assets.

The Taurus-Network allows participants to retain full sovereignty over their assets, interact directly with counterparties, and ensure automated compliance without third-party involvement, according to Vassili Lavrov, Taurus SA’s head of product infrastructure.

Several banks have already joined the network, including Arab Bank Switzerland, Capital Union Bank, Misyon Bank, Swissquote, and Flowdesk.

Lavrov noted that these institutions have integrated digital asset capabilities into their operations, with many offering cryptocurrency custody services to clients.

Taurus has emphasised interoperability as a core feature of its network.

TN supports both public and permissioned distributed ledger technologies, enabling seamless interaction across various digital asset types such as cryptocurrencies, tokenised securities, and digital currencies.

Lavrov stated that this design prevents institutions from being locked into a single system.

The launch comes as Taurus builds on its relationships with over 35 banking clients across four continents.

Lavrov described the network as "positioned to become the default infrastructure layer for compliant, high-trust digital asset activity."

Taurus’ bullish outlook on institutional Bitcoin (CRYPTO:BTC) adoption aligns with broader industry sentiment that 2025 will be pivotal for digital asset integration into traditional financial systems.

Lavrov suggested that geopolitical uncertainties and evolving regulations are driving demand for programmable and borderless financial instruments.

“Geopolitical uncertainty reinforces the value of programmable, borderless financial instruments,” Lavrov said.

He added that digital assets offer transparency and efficiency unmatched by traditional financial systems.

At the time of reporting, the Taurus (TAURUS) price was $0.0003805.