Taurus and Zand Bank Collaborate to Offer Crypto Custody services in the UAE
CryptoNewsTerminal Staff03 Jul, 2024
Taurus and Zand Bank Collaborate to Offer Crypto Custody services in the UAE
Taurus, a Swiss-based digital asset infrastructure provider, has partnered with Zand Bank in the United Arab Emirates (UAE) to provide cryptocurrency custody services. Through this partnership, Zand Bank will leverage Taurus' wallet solution to offer secure custody of crypto assets to its customers. This collaboration is a significant development in the UAE's burgeoning digital asset market, as it provides a regulated and trusted platform for institutional investors to safely store their crypto holdings. Taurus' expertise in digital asset custody, combined with Zand Bank's strong track record in traditional banking, will offer a robust and reliable solution for investors seeking to participate in the crypto market. The partnership is expected to further enhance the UAE's position as a regional hub for digital assets. By providing secure and compliant custody services, Taurus and Zand Bank are paving the way for wider adoption of cryptocurrencies in the UAE and beyond.
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