Swiss Crypto Custody Firm Taurus Partners with Fintech Lending Platform Teylor
Swiss crypto custody firm Taurus has teamed up with Zurich-based fintech lending platform Teylor, which focuses on the German SME market. The partnership involves Teylor’s credit portfolio tokens being admitted for secondary market trading on Taurus’ TDX marketplace. The tokenization process complies with Swiss and European regulations and is supported by a Luxembourg-based investment vehicle. Institutional investors are expected to invest heavily in these tokenized debt products targeting the German SME market.
Taurus’ TDX Marketplace Facilitates Over $1 Billion Worth of Transactions
Taurus’ TDX marketplace, an important part of the company’s operations beyond custody services, has already facilitated more than 20 transactions, including equity, debt, structured products, and art. These transactions have reached a notional value of over $1 billion.
Switzerland Continues to Lead in Blockchain Integration
Switzerland is known for its crypto-friendly approach and remains at the forefront of integrating blockchain technology into traditional finance. The country offers institutional-grade solutions across various asset classes.
Teylor Supports Germany’s Mittelstand Economy
Teylor, backed by prominent investors like Barclays, specializes in providing loans ranging from 100,000 to 1.5 million euros to Germany’s Mittelstand economy. The company targets businesses that are too large for traditional bank branches but too small for corporate finance departments. It serves a wide range of sectors, including industrials and import/export.
Teylor’s Impact on the German Business Landscape
Teylor’s CEO, Patrick Stäuble, recently disclosed that the company issued nearly $25 million in loans last month. This highlights the significant impact Teylor has on the German business landscape.
Hot Take: Swiss Crypto Custody Firm Taurus Partners with Fintech Lending Platform Teylor to Enable Secondary Market Trading of Credit Portfolio Tokens
Taurus, a leading Swiss crypto custody firm, has joined forces with Teylor, a Zurich-based fintech lending platform that focuses on the German SME market. This partnership allows Teylor’s credit portfolio tokens to be traded on Taurus’ TDX marketplace. The tokenization process adheres to Swiss and European regulations and is supported by a Luxembourg-based investment vehicle. Institutional investors are expected to show strong interest in these tokenized debt products targeting the German SME market. With its TDX marketplace facilitating over $1 billion worth of transactions, Taurus continues to demonstrate its commitment to providing institutional-grade solutions in the crypto space. This collaboration further strengthens Switzerland’s position as a pioneer in integrating blockchain technology into traditional finance.
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