Santander Selects Crypto Custody Firm Taurus for Safeguarding: Source

Spanish banking giant Santander selected cryptocurrency safekeeping technology firm Taurus to implement a self-custody model for digital assets, according to a person familiar with the arrangement.

Last week, Santander Private Bank was in the news, confirming that trading in bitcoin [BTC] and ether [ETH] was live and available for clients with accounts in Switzerland.

Geneva-based Taurus, which specializes in custody technology for cryptocurrencies and other tokenized assets, announced a partnership with Deutsche Bank back in September.

Deutsche Bank invested in Taurus in February, part of a $65 million Series B round led by Credit Suisse that also included Arab Bank Switzerland and Pictet Group.

Both Santander and Taurus declined to comment.