Swiss cryptocurrency fintech Taurus has launched a dedicated interbank network specifically tailored for regulated institutions involved in digital asset operations. The network, called Taurus-Network (TN), aims to streamline and enhance digital asset transactions between financial institutions globally. Reportedly launched on April 9th, the firm highlighted TN’s potential benefits including improved collateral mobility, faster settlement times, reduced counterparty risk, and enhanced capital and liquidity management for digital assets. According to Vassili Lavrov, head of product infrastructure at Taurus SA, TN empowers participants to maintain full asset control, facilitate direct counterparty interactions, and automate compliance without third-party involvement.