Taurus Adds Stellar Smart-Contract Assets to Institutional Custody and Issuance

TL;DR Taurus announced live smart-contract asset support on October 29. The extension covers its custody and tokenization platforms. Institutional adoption depends on controls around the full asset lifecycle. Taurus has expanded its Stellar integration to support smart-contract-based assets, giving institutional clients a broader set of custody and issuance functions. The company said on October 29 that the capabilities are live through Taurus-PROTECT and Taurus-CAPITAL. The official announcement describes an extension of existing Stellar support rather than a newly announced fund or security. The change matters because institutions need more than a place to store a token once it has been created. Custody includes authority over transactions Safekeeping is often described as protecting private keys. For an institution, a useful custody system must also govern what those keys are allowed to authorize, who can request an action and which approvals are needed before it proceeds. A simple transfer and a smart-contract interaction can carry different consequences. An instruction may change an allowance, invoke a contract function or alter how an asset can be handled. The approving perso...