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Taurus Group integrates DeFi Aave Protocol in asset infrastructure

Tuesday 9 March 2021 11:32 CET | News

Switzerland-based fintech Taurus Group has integrated the DeFi Aave Protocol into its asset infrastructure, allowing banks and exchanges to deposit and borrow digital assets.

The integration revers to the Aave Protocols’ version 1 and 2 into its end-to-end digital asset infrastructure. Aave is a DeFi protocol used for both retail and institutional clients, providing users with a decentralised backend infrastructure for lending and borrowing.

The Aave Protocol is being used in the Taurus Group custody product Taurus-PROTECT as well as its smart contract issuance and interaction platform Taurus-CAPITAL, allowing institutional clients to deposit, withdraw and borrow assets, and stake AAVE tokens.


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Keywords: Taurus Group, digital assets, blockchain, DeFi, tokenization
Categories: Banking & Fintech
Companies:
Countries: Switzerland
This article is part of category

Banking & Fintech






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