Taurus Joins the Canton Network as Custodian in Goldman Sachs

Taurus Joins the Canton Network as Custodian in Goldman Sachs–Backed Institutional Chain

Taurus SA, a leading provider of digital asset infrastructure for banks and other financial institutions, has enhanced its custody services to include support for the Canton Token Standard. This move solidifies Taurus's role within the Canton Network, where it also serves as a Super Validator, contributing to the ecosystem's growth in institutional blockchain solutions.

Key Takeaways

Taurus SA expands its custody offerings to include the Canton Token Standard.
Taurus becomes a Super Validator, enhancing its role within the Canton Network.
The Canton Network aims to provide a public blockchain tailored for regulated financial institutions.
Taurus has integrated its custody and tokenization solutions with the Solana network.
Partnerships with major institutions enhance Taurus’s credibility in the digital asset space.

Taurus Network

Taurus's Expanded Role in the Canton Network

Taurus SA has recently broadened its custody services to back the Canton Token Standard, further reinforcing the institutional framework of the Canton Network. In addition to this, Taurus has joined the network as a Super Validator (SV), positioning itself centrally in Canton’s coordination and consensus mechanism, known as the Global Synchronizer. This dual function deepens Taurus's engagement in the rapidly developing institutional blockchain ecosystem.

The Canton Network counts investment bank Goldman Sachs among its foundational members.

Super Validator Function Enhances Security and Governance

In its role as a Super Validator, Taurus actively participates in the consensus process, validating important operations across various applications built on the Canton platform. Super Validators are selected based on their reliability, operational resilience, and commitment to Canton’s mission of offering compliant and high-performance infrastructure for global finance.

Canton claims to be the first public blockchain specifically designed for regulated financial organizations, facilitating round-the-clock markets, immediate settlement, collateral flexibility, and seamless interoperability—all while ensuring privacy and regulatory compliance. According to Canton, over $6 trillion in tokenized assets—ranging from bonds and loan commitments to money market funds and insurance—have been issued or managed on its platform to date.

Victor Busson, Chief Marketing Officer at Taurus, commented: “Broadening our custody capabilities to include the Canton ecosystem and participating in the network as a Super Validator represents a significant strategic achievement for Taurus. By empowering institutions to utilize Canton’s advanced privacy and collateral management features, we are crafting new institutional use cases and providing enhanced value within the regulated digital asset ecosystem.”

Building Institutional Trust Through Partnerships

Melvis Langyintuo, Executive Director at the Canton Foundation, stated: “Taurus is recognized as one of the most reliable digital asset infrastructure providers for global banks. Their role as both a primary infrastructure partner and Super Validator enhances the Canton Network and bolsters its goal of connecting financial institutions through a platform designed for privacy, compliance, and operational resilience.”

Taurus’s involvement builds on its established relationships with key institutions such as Deutsche Bank, Santander, and State Street.

Taurus Expands Integration with Solana

In addition to its work with the Canton Network, Taurus has integrated two of its key products with the Solana blockchain. This strategic move is set to encourage global financial institutions and developers to create tokenized asset solutions.

The integrated products include the custody platform Taurus-PROTECT and the digital issuance and tokenization platform Taurus-CAPITAL. The latter enables users to issue and manage NFTs and tokenized assets on both public and private blockchains and interact with any smart contract.