Spanish banking giant Santander has selected cryptocurrency custody technology company Taurus to implement a self-custody model for digital assets, according to a person familiar with the deal.
Last week, Santander Private Bank made headlines and confirmed that bitcoin (BTC) and ether (ETH) trading was live and available for customers with accounts in Switzerland.
Geneva-based Taurus, which specializes in custody technology for cryptocurrencies and other tokenized assets, announced a partnership with Deutsche Bank in September.
Deutsche Bank invested in Taurus in February, as part of a $65 million Series B round led by Credit Suisse that also included Arab Bank Switzerland and Pictet Group.
Both Santander and Taurus declined to comment.
