Blockchain technology company Taurus has signed an agreement with Zand, the first digital bank in the UAE, covering digital asset custody, tokenization and blockchain connectivity. Zand is the first digital bank in the UAE to hold a full banking license. It was established in 2022 and mainly serves corporate, institutional and wealth clients. Chairperson 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 provide institutional-grade digital asset custody services utilizing the Tusaur-PROTECT wallet solution.