Taurus to help Turkish BankPozitif store cryptocurrency
Taurus to help store cryptocurrency for Turkish bank
Turkish digital bank BankPozitif has announced a strategic partnership with Swiss company Taurus SA, a leading provider of digital asset infrastructure backed by Deutsche Bank and Credit Suisse.
Taurus has recently opened a new office in Istanbul, enabling BankPozitif to expand its digital asset and cryptocurrency services. As part of the collaboration, the bank will integrate two key Taurus technologies: a digital asset custody platform and blockchain infrastructure solutions.
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With these advanced tools, BankPozitif will be able to elevate its digital asset services to an institutional level, meeting the growing demand from both retail and corporate clients. At the same time, the bank will maintain a high level of security and ensure compliance with new Turkish regulations.
What is BankPozitif?
BankPozitif is a financial institution with over 25 years of experience, a total loan volume exceeding $7 billion, and more than 2 million customers. The bank is now focusing on providing more innovative financial solutions in the digital banking sector as part of its renewed strategy.
Erkan Kork, Chairman of BankPozitif, stated that the bank is committed to implementing advanced technologies and expanding its digital investments. He emphasized that the partnership with Taurus marks an important milestone in the bank’s digital transformation.
"By integrating Taurus’ cutting-edge infrastructure, we are positioning BankPozitif as a leader in the digital asset sector and addressing the growing demand from institutional clients," Kork said.
Last month, Taurus and Aztec introduced a private token standard for financial institutions.
