According to Techub News, blockchain technology company Taurus has signed an agreement with UAE digital bank Zand Bank to provide custody, tokenization and blockchain connection services.

Zand is the UAE's first digital bank with a full banking license. It was founded in 2022 and mainly serves corporate, institutional and wealth customers. Its chairman, Mohamed Alabbar, is the founder of Emaar Properties, which is famous 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.