Capital markets News

Deutsche Bank backed Taurus opens tokenized securities exchange TDX to retail investors

taurus tdx tokenized securities exchange

Swiss-based Taurus provides blockchain and tokenization services, including digital asset custody technology to banks such as Credit Suisse, Deutsche Bank and Pictet. Additionally, Taurus operates a FINMA-regulated exchange for digital assets and private tokenized securities, TDX. Until now, TDX was only open to professional investors, but FINMA has expanded the authorization to retail investors.

Last year Taurus raised a $65 million Series B funding round led by Credit Suisse and including Deutsche Bank, Pictet, Arab Bank Switzerland and Investis.

Separately, Taurus announced new issuers who will use TDX as a trading venue, including Investis Group, la Mobilière, Qoqa, SCCF, Swissroc, and Teylor. La Mobilière is one of Switzerland’s largest domestic insurers and is running an internal trial of a digital art project using NFTs that can be traded via TDX.

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