Swiss Fintech Taurus Offers Tokenized Securities Trading to Retail Clients
Taurus, a Swiss fintech company backed by Deutsche Bank, has received regulatory approval from Switzerland’s Financial Market Supervisory Authority (FINMA) to offer tokenized securities trading to retail clients. This means that retail users can now participate in capital raises and trade digital assets and tokenized securities through Taurus’s regulated platform.
The approval not only expands the client base for Taurus but also enhances the liquidity of digital securities. It provides companies with a unique opportunity to access primary and secondary markets, attracting a wider range of investors.
New Issuers Join Taurus’s TDX Marketplace
Taurus has also announced the addition of several new issuers to its TDX marketplace. Prominent names such as Investis Group, la Mobilière, Qoqa, SCCF, Swissroc, and Teylor have selected TDX as their preferred trading venue for digital securities.
TDX Head of Product Yann Isola highlights Taurus’s goal of digitizing private markets and making the acquisition of private securities as easy as online shopping. The company recognizes the growing demand for real-world asset (RWA) tokenization in the digital asset space.
Taurus: A Comprehensive Digital Asset Infrastructure
Taurus offers a comprehensive infrastructure for digital assets, enabling the issuance, custody, and trading of various digital assets including cryptocurrencies, tokenized securities, NFTs, and digital currencies.
The partnership between Deutsche Bank and Taurus, which began in September, along with Deutsche Bank’s participation in Taurus’s $65 million Series B funding round in February 2023, demonstrates the banking giant’s commitment to digital asset services.
Hot Take: Taurus Expands Tokenized Securities Trading to Retail Clients
Swiss fintech company Taurus, with support from Deutsche Bank, has received regulatory approval to offer tokenized securities trading to retail clients. This approval not only expands the client base but also enhances the liquidity of digital securities. Retail users can now participate in capital raises and trade digital assets through Taurus’s regulated platform, providing companies with greater access to primary and secondary markets. Additionally, Taurus has added prominent issuers such as Investis Group and la Mobilière to its TDX marketplace, reinforcing its position as a preferred trading venue for digital securities. With its comprehensive digital asset infrastructure, Taurus facilitates the issuance, custody, and trading of various digital assets. The partnership between Deutsche Bank and Taurus demonstrates a commitment to digital asset services.