Chainlink and Credit Suisse-Backed Taurus Unite to Bolster Institutional Tokenized Asset Adoption
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Taurus SA, a Swiss digital asset infrastructure provider backed by Deutsche Bank and Credit Suisse, has partnered with the decentralized oracle service Chainlink to fast-track the tokenized asset adoption by global financial institutions.
According to the announcement shared with Cryptonews, the partners will work to solve three crucial challenges in the tokenized asset space, namely security, data, and asset mobility.
To accomplish this, they will enhance tokenized assets with offchain data, robust proof of reserves, and cross-chain interoperability, they said.
We're pleased to announce our collaboration with @chainlinklabs to accelerate the adoption of tokenized assets by global financial institutions.
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