UAE’s Zand Bank to Offer Crypto Services
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Zand Bank, the UAE’s first digital bank, has entered into a strategic partnership with Taurus SA, a global leader in digital asset technology for banks. This partnership will cover all aspects of Zand’s digital asset infrastructure, including custody, tokenization, and blockchain connectivity. Zand will leverage Taurus’ integrated custody and tokenization solutions to expand its digital asset offerings, which include cryptocurrencies, tokenized securities, and digital currencies. The partnership aims to provide best-in-class institutional-grade custody for digital assets, with Zand utilizing Taurus’ wallet solution for secure storage. Zand will also use another Taurus solution to issue and service any type of tokenized financial and real-world assets.