Switzerland-based digital asset infrastructure provider Taurus has announced a USD 65 million Series B capital increase.
The Series B financing round for Taurus is led by Credit Suisse and includes the participation of new institutional investors such as Deutsche Bank, the Pictet Group, and Cedar Mundi Ventures, as well as Series A financing investors Arab Bank Switzerland, and Investis, a public real estate group. The Taurus cofounders remain Taurus' major shareholders and continue to lead the company. The Swiss supervisory authority FINMA has already approved this transaction.
Taurus has continually invested in proprietary technology to enable clients to manage all digital assets. The range of services offered by Taurus includes, among other things Taurus-PROTECT for custody which ensures secure storage and transmission of hundreds of digital assets, including support for staking, decentralised finance (DeFi), tokenised securities and digital currencies. They also offer Taurus-CAPITAL for tokenisation, which enables issuance, delivery and lifecycle management for all types of tokenised assets (equity, debt, structured finance, real assets, NFTs). Additionally, Taurus' T-DX platform is one of the first regulated marketplaces in the world and enables trading of tokenised securities.
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