TechFlow news, December 3 — According to The Block, Swiss crypto custody firm Taurus has announced a partnership with non-custodial staking provider Everstake to integrate the latter's validator node infrastructure into the Taurus-PROTECT platform, offering new staking network services to over 20 banks and regulated clients worldwide. Initially, the collaboration will support staking for Solana, NEAR, Cardano, and Tezos, though Ethereum is not currently included. Everstake currently operates validator nodes across more than 80 networks and supports approximately $7 billion in staked assets. Both parties stated that the partnership aims to streamline compliant staking processes for banks, allowing clients to stake while retaining direct control of their assets. Taurus opened its first U.S. office in New York in October, following a $65 million Series B funding round in 2023 led by Credit Suisse to accelerate its business expansion.
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