Deutsche Bank-backed Taurus, Aztec unveil private token standard for financial institutions

Key Takeaways Taurus and Aztec unveiled an open-source confidential token standard for the tokenization of debt and equity. The private CMTAT security token standard uses zero-knowledge proofs to preserve customer privacy on blockchains. Share this article Taurus SA, a digital asset infrastructure backed by major financial entities like Deutsche Bank, Credit Suisse, and StateStreet, has partnered with the Aztec Foundation to create a new open-source confidential token standard for debt and equity, a move aimed at bridging the gap between traditional finance and blockchain technology. The collaboration is aimed at…