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Taurus adds Polygon blockchain support for asset tokenization

Swiss cryptocurrency and tokenized asset management company Taurus announced integration with the Polygon blockchain network.

Polygon is the fourth blockchain supported by Taurus’ tokenization and asset storage platforms – after Etherium, Tezos and Cardano.

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“Polygon’s key advantages as a scaling network include low fees, increased speed, and a user-friendly platform and smart contract development tools,” explains Victor Busson, director of marketing and head of strategic partnerships at Taurus.

Busson assures that customer demand for Polygon blockchain integration has been high, especially from large businesses. The company’s clients, including Credit Suisse and Deutsche Bank, will now be able to use Polygon to tokenize any asset, including stocks and debt.

In February, Credit Suisse, Switzerland’s second-largest bank, led a
a funding round that resulted in Taurus raising more than $65 million. Deutsche Bank was a co-investor with Credit Suisse.