CFOtech UK - Technology news for CFOs & financial decision-makers
United Kingdom
Taurus adds full Hedera support for banks & issuers

Taurus adds full Hedera support for banks & issuers

Wed, 5th Aug 2026 (Today)
Karen Joy Bacudo
KAREN JOY BACUDO Finance Editor

Taurus has added full support for the Hedera network across its platform for banks and regulated financial institutions, bringing smart contract deployment together with custody and issuance on one system.

Institutions can now use Hedera for digital asset custody, token issuance and programmable financial products without relying on separate providers for different parts of the process. The latest phase of the integration adds smart contract support, allowing banks and their service providers to run tokenised bonds, funds and stablecoins on the same platform used to safeguard assets.

The build-out was completed in three phases over 18 months with support from The Hashgraph Association, a Swiss non-profit focused on adoption of the Hedera network. Taurus technology is already used by more than 40 banks and regulated financial institutions, including Deutsche Bank, CACEIS and State Street.

The integration covers Taurus-PROTECT, Taurus-EXPLORER and Taurus-CAPITAL. Through those products, clients can custody and stake HBAR, run node infrastructure, issue native tokens through the Hedera Token Service and deploy smart contracts through Hedera's EVM-compatible Smart Contract Service.

That matters because banks exploring tokenised finance have often faced a split market, with one supplier handling custody and another enabling issuance or programmable logic. Each additional supplier can require a separate risk review and technology integration, adding cost and delay as projects move from pilot stage to production.

Taurus is positioning the Hedera expansion as a way to reduce that complexity. Instead of changing providers when a bank wants to move from holding a digital asset to issuing a tokenised instrument, institutions can extend their use of the same infrastructure under an existing due-diligence framework.

The change also broadens Hedera's reach among software providers serving financial institutions. Tokenisation engines, stablecoin issuers and fund administrators can now build products on Hedera while relying on Taurus for custody, without putting in place a separate infrastructure stack.

Market shift

Interest in tokenised financial instruments has been growing as banks and asset managers test digital versions of bonds, funds and collateral. Lloyds Bank has already used Hedera to post tokenised gilts and fund units as foreign exchange collateral, highlighting a broader push to move real-world financial assets onto distributed ledger networks.

Network support has become a more important procurement issue as financial institutions move beyond limited experiments. In practice, banks need to know not only whether a provider can store a digital asset, but also whether it can support issuance, governance and transaction logic as products become more complex.

Hedera is a public distributed ledger whose nodes are run by a governing council of large organisations including Google, IBM, Deutsche Telekom, Standard Bank, Accenture and FedEx. According to Taurus, the network has processed more than 70 billion transactions.

The announcement comes as regulatory frameworks for digital assets continue to develop in major markets. Companies in the sector argue that clearer rules are making it easier for banks and other highly regulated institutions to move from exploratory work to operational deployments.

"With the MICA regulatory framework taking effect in Europe, alongside the progress in the USA with the Clarity Act, institutional investors and highly regulated financial institutions can now enter the Web3 space with ease and confidence, thanks to the full integration of the Hedera technology stack into Taurus's crypto infrastructure solutions," said Kamal Youssefi, President, The Hashgraph Association.

"Utilising one of the best governed enterprise grade public networks, and leveraging Taurus's full range of industry leading capabilities, this partnership represents another major milestone in the institutional adoption of the Hedera network," Youssefi added.

Taurus says demand from banks is increasingly shaped by the need for infrastructure that supports more than a single use case. Institutions that begin with custody may later want to issue tokenised liabilities, collateral instruments or investment products, and replacing core infrastructure at that point can be difficult.

"Financial institutions need infrastructure that can cover more than one digital asset use case. They want a single platform for the full spectrum of their strategy. By supporting the complete Hedera technology stack, Taurus enables institutions to leverage native tokenization, smart contracts, and custody capabilities within the same regulated infrastructure they already trust," said Lamine Brahimi, Co-Founder and Managing Partner, Taurus.

Engineers and product teams inside financial firms also face practical constraints when adding distributed ledger services. "This single-platform approach entirely removes the technical friction of vendor sprawl, empowering engineering teams to seamlessly scale from simple custody to programmable tokenisation on Hedera without ever initiating another integration project," said Micha Roon, Head of Engineering at The Hashgraph Group.