Taurus and Teylor Partner to Tokenize SME Loans in Germany
Taurus, a Swiss crypto custody firm supported by Deutsche Bank, has partnered with Teylor, a fintech lending platform based in Zurich specializing in the German SME marketplace. The collaboration aims to tokenize loans for small and medium businesses in Germany, following the trend of asset tokenization in the crypto community.
Tokenization for Secondary Market Trading
Teylor’s credit portfolio tokens can be traded on Taurus’ TDX marketplace, providing liquidity and investment opportunities. This arrangement allows investors to trade the tokens on the secondary market, making it more accessible and offering smaller investment amounts.
Compliance and Investment Potential
The tokenization process complies with Swiss and European regulations. Lamine Brahimi, Managing Partner at Taurus, mentioned that institutional investors will make a significant investment in Taurus’ new tokenized debt product within two weeks.
Taurus’ Success in Tokenized Assets
Taurus’ TDX marketplace has facilitated over $1 billion worth of transactions involving tokenized equity, debt, structural products, and art.
Teylor’s Funding and Investor Access
Teylor offers loans between €100,000 and €1.5 million to German SMEs. The company receives funding from large financial institutions and aims to provide a standardized investment product through the admission of their ledger-based security on the TDX platform.
Hot Take: Expanding Access to Financing for German SMEs
Taurus and Teylor’s partnership to tokenize SME loans in Germany brings new opportunities for small and medium businesses. By leveraging asset tokenization, these loans become more accessible to investors through secondary market trading. This collaboration not only provides liquidity but also opens up the potential for smaller investment amounts, enabling a broader range of investors to participate in SME financing. With Taurus’ expertise in tokenized assets and Teylor’s focus on the German SME marketplace, this partnership has the potential to revolutionize lending and investment in Germany.