22 May

Taurus, a leading provider of crypto technology solutions, has revealed its plans to expand into the North American market with the opening of a new office in Vancouver.

As outlined in a press release, this strategic move comes in response to the increasing demand from financial institutions in North America seeking to offer a wider range of crypto services. Taurus is renowned for offering comprehensive crypto infrastructure services to esteemed clients such as Deutsche Bank and Santander.

Taurus Establishes New Canadian Office

As part of its continued global expansion, Taurus has opened offices in London, Paris, Frankfurt, and Dubai in late 2023. Now, it is expanding to Vancouver. With eight locations spread over three continents, Taurus has increased its footprint in the digital asset market as a result of this move.

Heading the new Vancouver office, Andrew Maledy brings expertise in cloud computing, business technology, and infrastructure management from his work at Procore Technologies and other organizations.

According to the announcement, Maledy has experience in cloud computing, agile approaches, and engineering management.

To better serve our clients in North America and abroad, we are thrilled to launch our presence in Vancouver, according to Maledy. "North America offers a significant opportunity for digital asset innovation."

According to Nicolas Bonvin, CTO of Taurus, "We are very happy to welcome Andrew to lead our Vancouver office and look forward to working with regional partners and clients to deliver market-leading solutions powered by Taurus' custody and tokenization technology."

Joining MAS's Project Guardian is Deutsche Bank

Recently, Deutsche Bank declared that it will participate in Project Guardian on asset tokenization run by the Monetary Authority of Singapore (MAS).

With an emphasis on asset tokenization in wholesale funding markets and decentralized finance (DeFi) applications, Project Guardian was introduced in 2022 with the goal of promoting cooperation between MAS and significant participants in the financial industry.

As part of the partnership, Deutsche Bank will assess an open architecture and interoperable blockchain platform for tokenized and digital fund management. In addition, the bank will recommend procedural guidelines and determine the best course of action to help  industry progress.

May 2024, Cryptoniteuae

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