Banco Santander Teams Up with Taurus for Swiss Bitcoin and Ether Custody

Santander Enlists Taurus as Crypto Custodian to Secure Bitcoin and Ether Assets Report

Santander chooses Taurus as custodian for Bitcoin and Ether.

In a surprising move that’s got the crypto world buzzing, Banco Santander, the Spanish financial services giant, has decided to dip its toes into the digital asset waters. And it’s not doing it half-heartedly. Oh no, Santander has enlisted the help of Taurus, the digital asset management firm, to safeguard its Swiss clients’ precious Bitcoin (BTC) and Ether (ETH). Talk about putting your money where your mouth is!

Now, this isn’t just any old partnership. Santander Private Banking International’s Swiss private banking unit recently unveiled a shiny new Bitcoin and Ether trading service for its clients in Switzerland. But here’s the catch – clients will only gain access to these crypto investment services if they request it through their relationship managers. It’s like having your very own secret crypto club, except instead of a secret handshake, you need to talk to your fancy relationship manager to get in.

Rumor has it that Santander has chosen Taurus to be the guardian of these precious digital assets. A person in the know spilled the beans to CoinDesk, revealing that Taurus has been entrusted with the safekeeping of Santander’s Bitcoin and Ether. When asked for confirmation, Santander refused to comment, giving us a classic “no comment” response. Oooh, the suspense!

But Santander isn’t the only one dipping its toe into the crypto world. Taurus, the chosen guardian of Santander’s crypto treasures, recently partnered with none other than Deutsche Bank. That’s right, the German banking giant saw the potential in Taurus and joined forces with them to offer cryptocurrency custody options to its customers. Two big players coming together to navigate the uncharted waters of digital assets. It’s like a superhero team-up, but instead of fighting crime, they’re fighting for the future of finance.

• LianGuai Daily | Zhao Changpeng resigns as Chairman of Binance.US; Warren Buffet’s partner, Charlie Munger, passes away.
• Crypto Donations: When Digital Assets Save the Day and Make a Roaring Difference!
• Odyssey Under the Sea: OCEAN Revolutionizes Bitcoin Mining

Now, while Santander and Deutsche Bank are cozying up to external partners, Germany’s DZ Bank is taking matters into its own hands. DZ Bank, the third-largest bank in Germany, has launched its very own digital assets custody platform built on blockchain technology. They’re not messing around. Holger Meffert, the bank’s head of securities services and digital custody, believes in the power of distributed ledger technology, and the bank is even considering offering its institutional investors and private customers the option to buy cryptocurrencies in the future. Talk about being ahead of the curve!

So, the crypto world keeps on surprising us. Big banks are showing interest, partnerships are forming, and custody options are expanding. It’s like watching a thrilling episode of a reality TV show – you just never know what’s going to happen next. But one thing’s for sure, the world of digital assets is here to stay, and it’s bringing some serious players to the table.

So buckle up, fellow investors, because it looks like we’re in for a wild ride. The future is digital, and the banks are finally catching up. Who knows, maybe soon we’ll have our very own crypto portfolios with Santander, Deutsche Bank, and even DZ Bank. The possibilities are endless!

Now, who’s ready to dive headfirst into the exciting world of digital assets? Let me know in the comments below!

---

Original Article Source: Banco Santander selects Taurus to hold Swiss clients’ digital assets

We will continue to update Blocking; if you have any questions or suggestions, please contact us!