Taurus, a Swiss digital asset infrastructure provider, has entered a strategic partnership with Everstake, a leading non-custodial staking service, to expand secure and compliant on-chain staking options for banks and regulated financial institutions globally. The collaboration integrates Everstake's validator infrastructure directly into Taurus's institutional custody platform, Taurus-PROTECT, which is used by over two dozen banks worldwide.
The integration will initially enable staking for four major Proof-of-Stake (PoS) networks: Solana (SOL), NEAR Protocol (NEAR), Cardano (ADA), and Tezos (XTZ). This allows institutional clients to earn network rewards while maintaining full control and ownership of their assets within Taurus's regulated custody environment. The partnership is designed to meet stringent compliance requirements, offering segregated infrastructure, transparent governance processes, and detailed audit trails.
Notably, Ethereum staking is absent from this initial rollout, despite being the largest PoS network by institutional assets. The move is part of Taurus's broader push to widen the range of on-chain services for its clients as digital asset products mature. Taurus, which raised $65 million in a Series B round led by Credit Suisse in 2023, aims to bridge traditional finance with decentralized network participation through scalable, secure solutions.
Everstake, founded in 2018, currently runs validators on more than 80 networks and supports approximately $7 billion in staked assets. By leveraging this trusted infrastructure, Taurus enhances its offering to include custody and staking functionalities under a single, compliance-focused platform, positioning institutions to confidently access blockchain rewards.