Taurus has formed a strategic alliance with Everstake to integrate enterprise staking into its custody framework for institutional clients, facilitating access to yield generation across various proof-of-stake networks. Announced on Tuesday, the partnership will see Taurus, a Swiss FINMA-regulated digital asset infrastructure provider, incorporate Everstake’s non-custodial staking services into its custody solutions. This integration allows banks and institutional clients using Taurus to delegate assets such as Solana (SOL), Near Protocol (NEAR), Cardano (ADA), and Tezos (XTZ) to Everstake’s validators, all while maintaining their private keys and operational control within their current custody systems.
Everstake, which supports more than 80 proof-of-stake networks and manages around $7 billion in staked assets, will supply the necessary validator infrastructure. Established in 2018 and based in Switzerland, Taurus offers digital asset infrastructure services to banks and institutions, covering a wide range of activities including custody, issuance, trading, and tokenization. In May, Taurus expanded its presence in Latin America by partnering with Parfin, an institutional blockchain provider, to offer tokenization services to financial institutions.
Staking, which involves locking tokens to secure a proof-of-stake network in exchange for rewards in native assets, is increasingly attracting institutional interest as it moves beyond decentralized finance (DeFi) into regulated infrastructures. In February, Lido, the largest liquid staking protocol, launched Lido v3, featuring new stVaults that enable institutional Ether (ETH) stakers to customize their setups for compliance and operational control.
Coinbase took a similar approach in October by extending its integration with Figment, allowing institutional clients to stake a broader range of PoS assets directly through its custody services. Anchorage Digital expanded its Hyperliquid offering by introducing HYPE staking through its U.S. bank and its licensed entity in Singapore. This staking capability, supported by Figment’s validator infrastructure, will also be available via Anchorage’s self-custody wallet. Previously, the bank enhanced its services by adding custody and staking for Starknet’s STRK token in September, further broadening institutional access to this asset and its yield-generating opportunities.