Taurus is adding support for new staking networks through a partnership with Everstake, one of the largest non-custodial staking providers, giving banks and other regulated clients access to additional proof-of-stake chains through the Swiss firm’s custody platform.
The integration folds Everstake’s infrastructure into Taurus-PROTECT, the company’s institutional custody system used by more than two dozen global banks. Clients will be able to stake assets while keeping them under direct control within Taurus’ ecosystem.
At launch, the firms said staking will be available for Solana, NEAR, Cardano, and Tezos.
Everstake currently runs validators on more than 80 networks and supports roughly $7 billion in staked assets. Taurus itself offers custody and tokenization tools across a range of blockchains and has been expanding support for staking as it courts more traditional financial institutions.
Notably absent from the initial lineup is Ethereum, the largest proof-of-stake network by institutional assets, and it’s unclear whether it will be included in the initial rollout. The Block reached out to Taurus for clarification but has not yet received a response.
The two companies positioned the deal as an effort to simplify compliance-focused staking for banks that need segregated infrastructure, defined governance processes, and audit trails. Taurus said the partnership is part of a broader push to widen the range of on-chain services its clients can offer to end-users as digital-asset products mature.
Taurus, which opened its first U.S. office in New York in October, raised $65 million in a 2023 Series B led by Credit Suisse to accelerate its expansion. Everstake, founded in 2018, provides validator services to custodians, asset managers, and exchanges.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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