Canton Token Standard
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Taurus Joins Canton Network as Custodian on Goldman Sachs–Backed Institutional Chain
Yahoo Finance· 2025-11-25 14:32
Core Insights - Taurus SA has expanded its custody offering to support the Canton Token Standard, enhancing the institutional framework of the Canton Network [1] - The company has joined the Canton Network as a Super Validator, which positions it centrally in the network's coordination and consensus layer, known as the Global Synchronizer [2] - Taurus aims to deepen its involvement in the institutional blockchain ecosystem through this dual role [2] Custody and Network Role - As a Super Validator, Taurus validates key operations across applications built on the Canton Network, contributing to network security and governance [3] - Super Validators are chosen for their reliability and alignment with Canton's mission to provide compliant, high-performance infrastructure for global finance [3] Canton Network Overview - Canton is claimed to be the first public blockchain specifically designed for regulated financial institutions, enabling 24/7 markets, instant settlement, and collateral mobility while ensuring privacy and regulatory compliance [4] - Over $6 trillion in tokenized assets have been issued or processed on the Canton Network, covering various financial instruments such as bonds and money market funds [4] Strategic Importance - The expansion of custody capabilities and the Super Validator role is seen as a strategic milestone for Taurus, aimed at creating new institutional use cases and enhancing value in the regulated digital asset ecosystem [5] - Taurus is recognized as a trusted digital asset infrastructure provider for global banks, reinforcing institutional confidence through its partnerships [5][6] Partnerships and Integrations - Taurus has established partnerships with major institutions, including Deutsche Bank, Santander, and State Street, which strengthens its position in the market [6] - Additionally, Taurus has integrated its flagship products with the Solana network to promote the development of tokenized asset solutions by global financial institutions [7]
Taurus Expands Institutional Footprint With Super Validator Role on Canton Network
Yahoo Finance· 2025-11-25 13:45
Core Insights - Taurus has expanded its institutional digital-asset infrastructure by joining the Canton Network as a Super Validator and providing custody support for the Canton Token Standard [1][3] Group 1: Taurus and Canton Network Collaboration - Taurus will validate transactions and operate Canton's Global Synchronizer, enhancing the network's institutional focus as banks increase tokenization efforts [2][4] - The integration allows clients to utilize Canton's privacy and collateral-management features, marking a strategic milestone for Taurus [3] Group 2: Canton Network Overview - The Canton Network has processed over $6 trillion in tokenized assets, including bonds, repos, money-market funds, loan commitments, and insurance [3] - Governed by the Canton Foundation, the network supports decentralized, institution-grade application development and is powered by its native Canton Coin [4]