Taurus has announced its joining of Canton Network as custodian and Super Validator, reinforcing institutional adoption of blockchain infrastructures designed for real-world assets. The move occurs on a network with more than 575 validators, nearly 600.000 daily transactions, and around $6 trillion in tokenized assets processed or issued, according to sources linked to the network and media coverage.
Taurus will occupy a dual role: custodian of digital assets and Super Validator in the consensus layer known as Global Synchronizer. As custodian it provides institutional key storage and governance solutions; as Super Validator it participates in the validation of operations on the network, a task that demands high availability and operational controls.
Taurus, headquartered in Switzerland and with clients in traditional banking, drives its offering with custody products aimed at regulated entities and prior partnerships with banks such as Deutsche Bank, Santander and State Street, according to industry communications.
Canton Network is a Layer 1 blockchain aimed at institutions that combines smart contracts with configurable privacy mechanisms and the use of the Daml language to model complex financial flows. The network promotes a “network of networks” approach that allows independent application subnets and avoids the typical congestion of a single ledger.
The network also counts among its actors prominent technological and financial participants, including oracle providers and participants seeking to integrate DeFi and TradFi. A first-tier entity, Goldman Sachs, appears as a member of the network’s foundation, which sources interpret as strategic support rather than a direct ownership relationship.
Implications for institutions and markets
The incorporation of a custodian with a banking profile and a validation function aims to reduce frictions in the tokenization of real assets, including liquidity fragmentation, exposure to sanctioned counterparties and regulatory complexity. For asset managers and treasuries, the technical promise is to enable transfers and tokenized issuances with selective privacy and auditable traceability, which may facilitate the migration of traditional instruments to tokenized ledgers.
The simultaneous presence of institutional custodians and large financial entities in network governance can increase confidence in custody, settlement and collateralization processes, conditions relevant when assessing counterparty risk and leverage in tokenized markets. However, real effectiveness will depend on the degree of actual adoption by issuers and custodians and on on-chain metrics that will need to be monitored.
The entry of Taurus as custodian and Super Validator in the network backed by actors like Goldman Sachs reinforces the trend toward blockchain infrastructures designed for TradFi and RWAs, with an emphasis on privacy and institutional governance.
