A major digital bank Bankpozitif, a Turkish digital bank, has participated with Swiss Digital Asset Infrastructure provider Taurus to offer institutional-grade cryptocurrency detention services.
step Bapozital Fintech is experienced to adopt the top positions in the front positions in the Turkish Digital Asset sector.
Through the partnership, the Taurus-Protect ™, with the bankpozitif Taurus-AXPlorer ™, enabling connectivity to a blockchain node and indexing service, will unify a detained platform, Taurus-Protect ™, a custody platform.
“As we focus on innovative products and digital changes, this partnership with Taurus is an important step,” the Chairman of Bampozitff, Dr. Erkon Cork said. “Turkish banking sector has increased to 30 trillion liars, and we are seeing an increase in institutional demand for digital asset services.”
Search for Taurus in new markets
Taurus recently participated with Chenlink Labs by financial institutions to adopt tokens. Integration included the evidence of the reserve for the data feed and transparency of the channel for real -time asset data. The purpose of cooperation is to solve security, data accuracy and cross-chain connectivity challenges.
Taurus, which already works with financial giants such as Duthe Bank and State Street, sees Turkey as a major market.
“Highly adopted rates, increase in institutional interest, and creative regulatory structures make an exciting field an exciting field for digital asset banking,” said Lamin Brahimi, managing partner in Taurus.
Turkey has seen an increase in adoption of cryptocurrency, which is partially inspired by economic challenges and inflation concerns. With the development of the regulatory structure, the partnership between Bankpozitif and Taurus indicates the increasing trend of traditional banks integrating digital asset services to meet the demand for market.
