Decentralised finance (DeFi) infrastructure provider Morpho has been integrated into Taurus-PROTECT, the digital asset custody and servicing platform of Taurus, according to a statement from the companies.

The integration gives banks, asset managers and other financial institutions using Taurus access to Morpho’s onchain lending infrastructure. Through the setup, clients can allocate capital to Morpho Vaults directly from within Taurus’ custody environment, while operating under their existing regulatory frameworks, approval processes and operational controls. The functionality will be rolled out to more than 40 financial institutions across four continents that are connected to Taurus’ infrastructure.

Taurus says the integration is available across both its hot and cold custody environments. Morpho provides programmable lending infrastructure, with a vault architecture that allows institutions to deploy structured lending strategies with defined risk parameters.

Access layer

In the statement, Taurus CMO Victor Busson describes custody providers as an access layer between traditional finance and on-chain markets. Morpho co-founder and CEO Paul Frambot says embedding vaults at the custody level allows institutions to access lending markets and offer curated on-chain strategies to clients.

The companies also point to Europe’s role in developing institutional digital asset infrastructure within regulated custody environments.