Credit Suisse is leading the $65m Series B funding round for Switzerland’s Taurus, which provides digital asset infrastructure for financial institutions. Other new institutional investors include Deutsche Bank, Pictet Group, and Cendar Mundi Ventures, alongside existing investors Arab Bank Switzerland and Investis.
The Taurus platform supports cryptocurrencies, tokenized securities and digital currencies, providing custody, asset tokenization, and a FINMA-regulated marketplace for tokenized securities, TD-X. Existing institutional clients include Arab Bank Switzerland, CACEIS, Credit Suisse, Deutsche Bank, Pictet, Swissquote and Vontobel.
“The strategic partnership with Taurus is a cornerstone of the Swiss Bank division’s digital assets strategy with the ambition to become the leading Swiss bank in that space,” said André Helfenstein, CEO, Credit Suisse (Switzerland). “We continue to embrace new and innovative technologies and expect to soon launch several digital asset services for clients both on the issuing and the investment side.”
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