BankPozitif Teams Up with taurus for Crypto Custody Services
BankPozitif, a top digital bank in Turkey, has teamed up with Taurus, a Swiss digital asset company. This partnership will bring high-level cryptocurrency custody services to Turkey.
By working with Taurus, BankPozitif will use Taurus-PROTECT™, a platform that safely stores cryptocurrencies and digital assets. They will also use Taurus-EXPLORER™, which connects to various blockchain networks. This move puts BankPozitif at the front of Turkey’s growing digital asset market.
Dr. Erkan Kork, Chairman of BankPozitif, said, “Partnering with Taurus is a big step for us. We’re seeing more demand for digital asset services in Turkey.”
Taurus is also working with Chainlink Labs to make tokenized assets more accessible. This includes using Chainlink’s Data Feeds for up-to-date asset details and Proof of Reserve for clarity.
Lamine Brahimi, Managing Partner at Taurus, noted, “Turkey’s high adoption rates and supportive regulations make it an exciting market for digital asset banking.”
Turkey’s cryptocurrency use is growing due to economic challenges. The BankPozitif and Taurus partnership shows that customary banks are adapting to meet this demand.
