Taurus Integrates Full-Stack Tokenization with Swift’s Blockchain Ledger
Taurus, a digital asset infrastructure company, has announced the successful integration of its full-stack digital asset infrastructure with Swift’s new blockchain-based shared ledger, becoming the first company to offer a unified solution for this network.
Combining tokenisation and custody platforms, Taurus enables financial institutions to deploy smart contracts for tokenised deposits and facilitate 24/7 cross-border payments. The integration with Swift’s ledger is available for members of the Swift community that require an enterprise-grade tokenisation solution and wallet management capabilities.
Co-Founder and Managing Partner Lamine Brahimi noted that the company’s technology connectivity consists of three main parts: Taurus-CAPITAL for the issuance and life-cycle management of tokenised financial instruments, Taurus-PROTECT for essential controls and security gates, and Taurus-EXPLORER for underlying blockchain connectivity.
“This is the issuance and life-cycle management of tokenised financial instruments. Debt, equity funds, stablecoins, or even deposits. You deploy them because you need to be able to lock the deposits to avoid double spend. Then, the deposit needs to be somewhere in the wallet,” Brahimi said.
Taurus-PROTECT applies controls and security gates to smart contract functions. “This allows you to put controls and security gates down to the smart contract function. So, concretely, if you mint, burn, freeze or unfreeze, you need to be able to identify those actions and put in place whatever controls you want. We don’t do blind signing. That’s super important,” Brahimi added.
Solving Adoption Friction
Taurus and Swift’s integration solves a critical hurdle for institutional blockchain adoption: the reluctance to abandon highly regulated, trusted settlement networks. Swift’s shared ledger handles the real-time, around-the-clock coordination of tokenised deposits, extending payment availability to weekends and holidays.
However, the assets remain securely on the banks’ own balance sheets, preserving the established structure and benefits of commercial bank money. This approach allows for settlement without the need to move physical assets between institutions, a process that traditionally requires time and trust.
While the underlying blockchain technology is new, the use case fits within existing frameworks. The shared ledger acts as a secure orchestration layer, ensuring 24/7 cross-border payments without disrupting established compliance frameworks. This means institutions can utilize the technology without having to rewrite their entire operational model.
The Path to Mainstream Use
Lamine Brahimi brings a wealth of executive experience to his work at Taurus. In the fintech and blockchain space, there can be a disconnect between ‘crypto-native’ founders and traditional banking executives. With his background in traditional banking, he felt the friction of legacy systems and left to build the infrastructure his former peers would need.
“Our hypothesis back in the day was crypto and traditional finance would merge because it would be too big to be ignored by the regulators,” Lamine says. “Believe me, 10 years ago, our point of view was not at all prevalent. But we thought it would merge. It took us time to get there.”
Lamine notes the long-standing cultural friction is finally dissolving: “There has been, for a long time, confusion from banks, saying we don’t like crypto, therefore we don’t do blockchain. This has materially changed.”
“Over the last 12 months, digital assets have moved from being kind of a niche initiative to being a C-level agenda point,” he added.
Highlighting the rapid pace of this development, Lamine shares the first transaction is expected to be executed soon. “We’re going to do our first transaction hopefully just ahead of Sibos. This was made in a record time knowing that we’ve been invited by Swift to do the integration in July. It also shows it’s relatively fast to do.”
“We are probably the first company that has a fully unified solution that allows anyone to interact with Swift ledger. We have the full stack,” Brahimi stated.
Swift connects more than 11,500 institutions across more than 200 markets. Deutsche Bank, which backed Taurus in a US$65m Series B funding round, actively utilises Taurus’s infrastructure to custody, issue and manage digital assets.
