Swiss digital asset infrastructure firm Taurus has completed an 18-month integration of the full Hedera technology stack, giving 40-plus banks and regulated institutions access to HBAR custody, staking, token issuance, and smart contract deployment through a single provider.
The integration, announced August 5, adds programmable capability across all three Taurus platforms. Banks including Deutsche Bank, State Street, and CACEIS can now deploy tokenized bonds, funds, and stablecoins under a unified risk framework without switching between vendors.
Taurus operates custody and settlement infrastructure for regulated financial institutions. The firm's client roster spans European and North American banks managing trillions in assets under administration. Hedera is a distributed ledger built on hashgraph consensus; its native token HBAR secures the network and powers gas fees for transactions and smart contracts.
The final phase of the rollout enabled EVM smart contract capability, meaning developers can write Solidity code and deploy it to Hedera without rewriting applications built for Ethereum or other EVM-compatible networks. Clients gain access to Hedera's token service for creating digital assets and its staking infrastructure, which currently offers yields on HBAR holdings deposited through validator nodes.
Taurus did not disclose whether any of its 40-plus clients are currently using the integration or when production deployments are expected. The firm has previously completed integrations with Ethereum, Polygon, and other public blockchains across its platforms.
Hedera operates as a permissioned network governed by a council of multinational companies including Google, LG, and Deutsche Telekom. The network processed 1.5 billion transactions in 2024, according to network data, a fraction of Ethereum's daily volume but positioned toward institutional settlement use cases rather than retail trading.
Taurus now offers direct access to a third major distributed ledger after its prior integrations, bringing three separate technology stacks into a single custody and issuance interface. The integration reduces the number of separate vendor relationships a bank must maintain to access multiple blockchains, though it does not eliminate the operational complexity of managing smart contract risk across different networks. The proof of adoption will come when Taurus clients begin issuing tokenized products on Hedera rather than simply holding the capability available.
