How Is Taurus Expanding Its Crypto Custody Services to Turkey?

March 04, 2025 09:12 AM PST | By Team Kalkine Media
 How Is Taurus Expanding Its Crypto Custody Services to Turkey?
Image source: shutterstock

Highlights

  • Taurus is partnering with BankPozitif to introduce institutional-grade digital asset custody in Turkey.
  • The collaboration includes Taurus' custody platform, enhancing blockchain connectivity for the bank.
  • This marks the first time a Turkish bank has integrated advanced digital asset infrastructure.

Taurus is expanding its cryptocurrency custody services to Turkey through a partnership with BankPozitif. This marks the first time a Turkish bank has integrated institutional-grade digital asset infrastructure. The collaboration enables secure cryptocurrency management while enhancing blockchain connectivity, reflecting the growing adoption of digital asset solutions in traditional banking.

Taurus Expands Digital Asset Custody to Turkey

Taurus, a provider of cryptocurrency custody solutions, is expanding its reach through a partnership with Istanbul-based BankPozitif. The agreement enables the bank to implement Taurus' institutional-grade custody platform, marking a milestone for digital asset management in Turkey’s financial sector.

Taurus’ services are already used by major global financial institutions, including Deutsche Bank and State Street. The entry into Turkey highlights growing interest from traditional banking institutions in integrating digital asset solutions. The collaboration provides BankPozitif with infrastructure to manage and secure cryptocurrency holdings, addressing the increasing demand for institutional-level custody services.

BankPozitif Enhances Blockchain Connectivity

Beyond custody services, BankPozitif is integrating blockchain solutions to enhance operational efficiency. This allows financial institutions to interact with both public and permissioned blockchains, enabling seamless integration of digital asset operations within traditional banking frameworks.

By adopting blockchain infrastructure, BankPozitif gains the ability to process transactions efficiently while maintaining compliance with security and regulatory requirements. This step positions the bank at the forefront of digital asset adoption in Turkey’s banking sector.

Institutional Adoption of Digital Asset Custody

Financial institutions worldwide are increasingly incorporating digital asset services as demand grows for secure custody solutions. The partnership between Taurus and BankPozitif represents a shift in how banks approach cryptocurrency management, with a focus on institutional-grade security and compliance.

Banks traditionally manage assets such as fiat currencies, securities, and commodities. The addition of cryptocurrency custody services reflects an evolving financial landscape where digital assets are becoming more widely accepted. By leveraging Taurus’ technology, BankPozitif is aligning with industry trends that emphasize the secure handling of blockchain-based assets.

Growing Interest in Digital Asset Infrastructure

The financial sector continues to integrate blockchain technology to enhance operational efficiency and security. By working with Taurus, BankPozitif is establishing a foundation for digital asset-related services, potentially opening the door for broader adoption of blockchain solutions in the region.

While regulatory frameworks for digital assets are still evolving, the adoption of institutional-grade custody solutions indicates a growing commitment to compliance and security. Taurus’ entry into the Turkish market reflects an increasing demand for infrastructure that bridges traditional banking and digital asset ecosystems.


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