Spanish banking giant Santander selected cryptocurrency safekeeping technology firm Taurus to implement a self-custody model for digital assets, according to a person familiar with the arrangement.
Geneva-based Taurus, which specializes in custody technology for cryptocurrencies and other tokenized assets, announced a partnership with Deutsche Bank back in September.
Deutsche Bank invested in Taurus in February, part of a $65 million Series B round led by Credit Suisse that also included Arab Bank Switzerland and Pictet Group.
Both Santander and Taurus declined to comment.
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