Taurus and Everstake Partner to Provide Institutional Staking Solutions

Taurus, a Swiss FINMA-regulated digital asset infrastructure provider, has announced a partnership with Everstake to integrate enterprise-grade staking into its custody platform. This collaboration aims to provide institutional clients with seamless access to yield generation across various proof-of-stake (PoS) networks. Through this integration, Taurus will incorporate Everstake's non-custodial staking services directly into its custody stack. This allows banks and other institutional clients utilizing Taurus's platform to delegate assets such as Solana (SOL), Near Protocol (NEAR), Cardano (ADA), and Tezos (XTZ) to Everstake's validators. Crucially, these institutions retain full control over their private keys and maintain operational control within their existing custody workflows. Everstake, which supports over 80 PoS networks and manages approximately $7 billion in staked assets, will provide the robust validator infrastructure underpinning the service. Taurus, founded in 2018 and based in Switzerland, offers a comprehensive digital asset infrastructure for banks and institutions, encompassing custody, issuance, trading, and tokenization services. Previously, in May, Taurus partnered with Parfin, an institutional blockchain provider, to expand its presence in Latin America through tokenization services tailored for financial institutions.

The Growing Trend of Institutional Staking

Staking, the process of locking up digital tokens to secure a PoS network in exchange for native-asset rewards, is gaining significant traction among institutions. This trend reflects staking's evolution beyond decentralized finance (DeFi) and into regulated infrastructure. In February, Lido, a leading liquid staking protocol, launched Lido v3, featuring new stVaults designed to enable institutional Ether (ETH) stakers to customize their setups for compliance and operational control. Coinbase followed a similar trajectory in October by expanding its integration with Figment. This expansion allowed institutional clients to stake a broader range of PoS assets directly through Coinbase Custody. Anchorage Digital also expanded its Hyperliquid offering by incorporating HYPE staking via its U.S. bank and its licensed entity in Singapore. This staking functionality, powered by Figment's validator infrastructure, is accessible through Anchorage's self-custody wallet. Prior to this, Anchorage added custody and staking support for Starknet's STRK token in September, broadening institutional access to the asset and its yield-generating capabilities.

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