Deutsche Bank Subsidiary Announces Partnership with This Popular Altcoin!

Taurus, a leading digital asset infrastructure provider backed by Deutsche Bank, has partnered with Chainlink (LINK).

Taurus says it will use Chainlink’s platform to develop tokenized assets with real-world data and ensure compatibility across different blockchains.

As part of this partnership, Taurus will also use Chainlink’s market data services and Proof of Reserves to ensure transparency. Taurus will also integrate Chainlink’s Cross-Chain Interoperability Protocol (CCIP) for seamless asset transfers between blockchains. The partnership aims to provide greater liquidity and data integrity to institutional clients.

Juergen Hofbauer, Head of Global Strategic Partnerships at Taurus, said in a statement:

“By leveraging Chainlink’s industry-leading infrastructure, we are able to offer our institutional clients unmatched liquidity and data integrity for their tokenized assets. This collaboration aligns perfectly with our mission to provide the most advanced and secure digital asset infrastructure on the market. Together with Chainlink, we provide financial institutions with critical information about the health of their assets and facilitate transactions across multiple chains.”

Fidelity International and cryptocurrency bank Sygnum Bank also partnered with Chainlink earlier this year.

*This is not investment advice.