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Taurus Expands Institutional Hedera Support Across 40 Banks

After an 18-month development cycle, infrastructure provider Taurus has fully integrated the Hedera network into its platform, granting over 40 financial institutions—including Deutsche Bank and State Street—the ability to manage custody, staking, token issuance, and smart contract deployment through a single, regulated interface.

Taurus Expands Institutional Hedera Support Across 40 Banks

The rollout consolidates Hedera’s ecosystem into Taurus’ existing suite, specifically the PROTECT, EXPLORER, and CAPITAL products. By incorporating Hedera’s EVM-compatible Smart Contract Service, the firm now allows banks to build and manage Solidity-based applications, such as tokenized bonds or stablecoins, without the need for fragmented technical integrations. This final phase follows a strategic partnership initiated in January 2025 and Taurus joining the Hashgraph Association’s membership program last July.

While the integration streamlines the technical path for traditional finance to engage with Web3, the actual scale of institutional adoption remains opaque. Taurus and the Hashgraph Association have not disclosed specific client demand, pricing, or the volume of assets currently managed via the new Hedera features. The next milestone for the platform will be the emergence of live, customer-facing products, as the current announcement confirms infrastructure readiness rather than active market deployment.

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