Taurus Partners with UAE’s First Digital Bank Zand for Digital Asset Custody and Tokenization

Blockchain technology company Taurus has signed an agreement with Zand, the first digital bank in the United Arab Emirates, covering digital asset custody, tokenization, and blockchain connectivity. Zand is the first digital bank in the UAE to hold a full banking license and was established in 2022, mainly serving enterprises, institutions, and wealth clients. Chairman Mohamed Alabbar is the founder of Emaar Properties, which is known for developing the Burj Khalifa and Dubai Mall. Zand plans to launch digital asset services covering cryptocurrencies, NFTs, tokenized securities, and digital currencies, and will use the Taurus-PROTECT wallet solution to provide institutional-grade digital asset custody services.