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Algorand Community Cheers Taurus-Deutsche Bank Partnership, Eyes Moon


Algorand Community Cheers Taurus-Deutsche Bank Partnership, Eyes Moon

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  • Deutsche Bank partners with Taurus Group to offer crypto custody services.
  • Algorand community cheers the partnership, hoping for mainstream adoption.
  • Algorand price soars 3% on the news of the partnership.

In a recent tweet, Mason Versluis, the founder of the GOLD SQUAD Discord community with over 26,000 members, spotlighted a development he believes will significantly impact the Algorand (ALGO) ecosystem.

Versluis shared that Deutsche Bank, the largest bank in Germany and the ninth largest in Europe, has forged a new partnership with Taurus Group, a Swiss crypto firm financial services company.

The Algorand enthusiast is particularly excited about the collaboration given that Taurus Group had integrated with Algorand just last year. Versluis emphasized the continuous expansion of connections, which he believes will ultimately impact Algorand’s growth. Commenters to the tweet expressed similar enthusiasm.

Moreover, Versluis highlighted that Deutsche Bank currently oversees a staggering 1.3 trillion euros in assets.

The post Algorand Community Cheers Taurus-Deutsche Bank Partnership, Eyes Moon appeared first on Coin Edition.

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