Taurus has formed a partnership with Everstake, integrating enterprise staking into its custody system aimed at institutional clients, thus facilitating yield generation across proof-of-stake networks.
The Swiss FINMA-regulated digital asset infrastructure provider, Taurus, will incorporate Everstake’s non-custodial staking services into its custody framework, as stated in the company’s announcement on Tuesday.
This initiative allows banks and institutional clients utilizing Taurus to delegate assets like Solana (SOL), Near Protocol (NEAR), Cardano (ADA), and Tezos (XTZ) to Everstake’s validators while retaining private keys and operational control within their existing custody processes.
Everstake, which supports over 80 proof-of-stake networks and has around $7 billion in staked assets, will deliver the validator infrastructure.
Founded in 2018, Taurus provides comprehensive digital asset infrastructure for banks and institutions, encompassing custody, issuance, trading, and tokenization.
In May, the company partnered with Parfin, an institutional blockchain provider, to enhance its presence in Latin America with tokenization services for financial institutions.
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The ongoing expansion of institutional staking
Staking, which involves locking tokens to secure a proof-of-stake (PoS) network in exchange for native-asset rewards, has gained traction among institutions as it moves beyond decentralized finance (DeFi) and into regulated frameworks.
In February, Lido, the largest liquid staking protocol, launched Lido v3 with new stVaults that allow institutional Ether (ETH) stakers to tailor setups for compliance and operational oversight.
Similarly, in October, Coinbase expanded its integration with Figment to allow institutional clients to stake a broader range of PoS assets directly from its custody services.
Anchorage Digital enhanced its Hyperliquid offering by integrating HYPE staking via its US bank and its licensed entity in Singapore. The staking functionality, powered by Figment’s validator infrastructure, will also be available through Anchorage’s self-custody wallet.
The bank had previously included custody and staking for Starknet’s STRK token in September, broadening institutional access to the asset and its yield-generating features.
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