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Taurus Partners with Polygon to Allow Banks to Tokenize Assets on Ethereum Scaling Solution

Swiss crypto platform Taurus has partnered with Polygon to allow banks to tokenize assets on the proof-of-stake network. This integration creates a link between the crypto industry and European banking, enabling traditional financial instruments to be reimagined on a modern, decentralized foundation. Taurus clients can now benefit from low fees and faster transactions for tokenization use cases such as equity, debt, structured products, funds, and NFTs. The partnership will create opportunities in the tokenization space and enable the automation of securities behavior, including dividend payments, coupon payments, stock splits, and compliance rules.

Ethereum Ethereum $3,362.02
+9.25%
Polygon tokenization
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