Taurus collaborates with Everstake to provide encryption stake services for banks and institutions.

Golden Finance reports that Swiss crypto custody company Taurus has announced a partnership with non-custodial staking service provider Everstake to integrate the latter's validator node infrastructure into the Taurus-PROTECT platform, providing new staking network services for over 20 banks and regulated clients worldwide. The initial phase of the collaboration will support staking for Solana, NEAR, Cardano, and Tezos, but will not include Ethereum for now. Everstake currently operates validator nodes on over 80 networks, supporting approximately $7 billion in staked assets. Both parties stated that this cooperation aims to simplify the compliance stake process for banks, allowing clients to stake while maintaining direct control over their assets. Taurus opened its first U.S. office in New York in October, having previously secured $65 million in Series B funding led by Credit Suisse in 2023 to accelerate its business expansion.