- Taurus has partnered with BankPozitif to expand digital asset custody adoption across Turkey’s fintech ecosystem.
- The Swiss-based platform has recently launched services on Solana and Hedera.
Swiss crypto custody provider Taurus announced a strategic partnership with Turkish digital bank BankPozitif to accelerate digital asset integration and adoption across Turkey’s banking and fintech sectors.
In a March 4 blog post, Taurus explained that the collaboration will combine its institutional-grade custody and blockchain infrastructure offerings with BankPozitif’s digital banking platform, aiming to provide secure, compliant digital asset services to institutional and retail clients in Turkey.
Institutional-grade custody solutions
Under the agreement, Taurus will provide BankPozitif clients with its Taurus-PROTECT and Taurus-EXPLORER solutions. Taurus-PROTECT is an institutional custody service designed to secure cryptocurrencies, tokenized assets and central bank or commercial digital currencies with enterprise-grade controls and compliance features. Taurus-EXPLORER delivers blockchain node hosting and indexing infrastructure, enabling organizations to interact with both public and permissioned ledgers for settlement, monitoring and reporting.
Dr. Erkan Kork, chairman of BankPozitif, said the partnership supports the bank’s digital transformation and product innovation efforts: “As we invest in innovative products and deepen our digitalization, this collaboration with Taurus marks a significant milestone in our transformation journey. The Turkish banking sector has reached a scale of 30 trillion Turkish Liras, and we are witnessing exceptional opportunities for fintech innovation.”
Lamine Brahimi, managing partner at Taurus, added that the Turkish market’s high adoption rates, growing institutional interest and evolving regulatory clarity create favorable conditions for digital asset innovation: “This partnership with BankPozitif reflects our commitment to helping Türkiye realize its digital asset ambitions while delivering the security and compliance capabilities institutions require.”
The deal with BankPozitif follows other recent Taurus developments in Turkey. Earlier in 2024 Taurus announced a partnership with the neobank startup Misyon to extend custody services into the local market.
Taurus has also been broadening its technical and network reach. The firm recently launched services on the Solana network and partnered with the Hashgraph Association to offer custody, staking and tokenization capabilities on the Hedera network (HBAR).
Backed by Deutsche Bank, Taurus maintains a tokenization presence in Switzerland and Germany, supporting asset tokenization initiatives and digital securities platforms in those markets.
The BankPozitif collaboration positions both organizations to offer regulated, enterprise-ready digital asset services to Turkish financial institutions, corporates and retail investors, reinforcing the broader push toward integrating crypto-native infrastructure into traditional banking products and services.