Banking software provider Temenos brings crypto asset access to clients

Banking software provider Temenos has collaborated with crypto firm Taurus to enable access to digital assets for clients.

Banking software provider Temenos brings crypto asset access to clients

According to the announcement, the two Switzerland-based firms will aim to “bridge the gap between traditional investments and digital assets.” 

The crypto-based firm Taurus has received a securities license recently from the Swiss Financial Market Supervisory Authority (FINMA) to operate an independent regulated digital assets marketplace.

Taurus offers services including tokenization, staking, decentralized finance (DeFi), and digital currencies within its platform, to which Temenos’ more than 3,000 institutional clients will now have access.

The goal of the integration is to make it easier for banks to offer trading of digital assets to their clients through Taurus’ products offering hot, warm, and cold custody and API-based connectivity to more than 10 blockchain protocols.