Swiss Regulator Approves Taurus for Retail Trading
Taurus, a digital asset infrastructure provider, has received approval from the Swiss Financial Market Supervisory Authority (FINMA) to offer its financial services and TDX marketplace to retail users. With this approval, Taurus’ clients can now create accounts and trade digital assets and tokenized securities in a secure and compliant manner. Traders will have the option to conduct transactions using the Swiss franc, euro, and the U.S. dollar.
New Tokenized Assets on TDX
In addition to the approval, Taurus plans to introduce new tokenized assets from Swiss companies that have chosen TDX as their preferred venue. These assets will be issued by Investis, la Mobilière, Qoqa, SCCF Structured Commodity & Corporate Finance, Swissroc, and Teylor. Yann Isola, Product Head at TDX, believes that the increasing demand for real-world asset (RWA) tokenization validates Taurus’ commitment to digitizing private markets and making private security trading as convenient as shopping on Amazon.
Compliance and Security Measures
Taurus has made preparations to ensure that the participation of retail users remains compliant with regulations and adheres to security best practices. The company will prioritize maintaining a secure and compliant trading environment while providing retail clients with access to a wide range of digital securities on the TDX marketplace.
Hot Take: Taurus Secures FINMA Approval for Retail Trading
Taurus has received FINMA approval to extend its financial services and TDX marketplace to retail users. This authorization allows retail clients to trade digital assets and tokenized securities in a secure and compliant manner. Taurus plans to introduce new tokenized assets from Swiss companies on the TDX platform, capitalizing on the increasing demand for real-world asset (RWA) tokenization. By ensuring compliance and adopting rigorous security measures, Taurus aims to provide retail users with a safe and efficient trading experience.