Taurus brings full Hedera stack to 40+ banks

Taurus completed an 18-month integration of Hedera on Aug. 5, giving banks and regulated financial institutions access to custody, staking, token issuance, node infrastructure and smart contract deployment through one provider.

Summary

• Taurus completed an 18-month Hedera rollout covering custody, staking, tokenization, nodes, and smart contract services.
• More than 40 banks and institutions use Taurus technology, including Deutsche Bank and State Street.
• Institutions can now custody HBAR, stake tokens, issue assets, and deploy Hedera smart contracts directly.
• The integration spans Taurus-PROTECT, Taurus-EXPLORER, and Taurus-CAPITAL under one institutional risk framework for banks worldwide.
• Taurus joined the Hashgraph Association's membership program in July after launching the partnership in 2025.

The Hashgraph Association said the final phase added Hedera smart contract support to the Taurus platform.

The rollout is available across Taurus-PROTECT, Taurus-EXPLORER and Taurus-CAPITAL. Taurus technology is used by more than 40 banks and regulated institutions, including Deutsche Bank, CACEIS and State Street. The announcement did not identify a bank that has already launched a live Hedera product through the completed integration.

Taurus Hedera integration now covers five functions Institutions can custody and stake HBAR, Hedera's native asset, while retaining the controls used for other assets inside Taurus. They can also access node infrastructure and issue tokens through the Hedera Token Service, which supports the creation and management of native fungible and nonfungible assets.

The newly delivered smart contract layer uses Hedera's EVM compatible Smart Contract Service. This allows banks, issuers and technology partners to deploy Solidity based applications using familiar Ethereum development tools. The companies cited tokenized bonds, funds and stablecoins as possible products, but they did not announce a specific issuance, customer launch or transaction volume.

One platform could reduce repeated bank integrations Taurus and The Hashgraph Association framed the integration as a way to reduce vendor fragmentation. A bank that begins with HBAR custody could later add staking, tokenization or programmable products without selecting another infrastructure provider and completing a separate technical integration.

The expected benefit remains a company assessment. Taurus did not publish figures showing how much time, cost or compliance work banks could save. Kamal Youssefi, president of The Hashgraph Association, said regulated institutions "can now enter the Web3 space with ease and confidence." The statement describes the organizations' expectation rather than verified customer adoption.

Taurus' official platform materials describe a modular system for custody, tokenization and trading. Its website identifies State Street, Deutsche Bank and CACEIS among institutions using or partnering with its technology, supporting the announcement's claim that the provider already serves major regulated firms.

The rollout builds on an earlier Hedera partnership Taurus and The Hashgraph Association announced their strategic partnership in January 2025. The first stages brought HBAR custody and staking to Taurus-PROTECT and added Hedera Token Service support to Taurus-CAPITAL. Taurus then joined the Association's Global Membership Program in July 2026.

The final smart contract phase broadens the earlier work beyond holding HBAR and issuing native tokens. It also gives tokenization engines, stablecoin issuers and fund administrators a route to build Hedera products while using Taurus for institutional custody and controls.

Notably, Taurus integrated P2P.org staking infrastructure in June, allowing banks to access proof of stake networks without moving assets outside existing Taurus workflows. The Hedera rollout applies the same single platform approach to a wider set of network functions.

Live bank products are the next test The announcement confirms technical availability, not demand. Taurus and The Hashgraph Association did not disclose pricing, the number of clients that requested Hedera support or the value of HBAR and tokenized assets currently held through the platform.

The next verified developments will be live products from Taurus clients. These could include a tokenized bond, regulated fund, stablecoin or another programmable asset deployed through Hedera's smart contract service. Public transaction data and named institutional issuers would provide clearer evidence that the integration is moving beyond infrastructure readiness.

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