Swiss fintech Taurus, backed by Deutsche Bank, now offers tokenized securities trading to retail clients after receiving regulatory approval.
The company recently received approval from the Swiss Financial Market Supervisory Authority (FINMA) to offer tokenized securities to retail customers.
Retail users can now participate in capital raising and trade digital assets and tokenized securities through Taurus’ regulated platform. This update not only diversifies the customer base but also improves the liquidity of digital securities. This provides a unique opportunity for companies to access primary and secondary markets and attract the attention of a wider range of investors.
Taurus’ announcement also includes the addition of several new issuers to the TDX marketplace. Renowned companies such as Investis Group, la Mobilière, Qoqa, SCCF, Swissroc and Teylor have chosen TDX as their preferred trading venue for digital securities.
TDX Head of Product Yann Isola highlights Taurus’ vision to digitize private markets and make private securities underwriting as simple as online shopping. The company has seen growing demand for real asset (RWA) tokenization and rapid expansion in the digital asset space.
Taurus provides a comprehensive digital asset infrastructure that facilitates the issuance, storage, and trading of a variety of digital assets, including cryptocurrencies, tokenized securities, NFTs, and digital currencies.
Deutsche Bank’s partnership with Taurus, which began in September, and participation in Taurus’ $65 million Series B funding round in February 2023 demonstrate the giant bank’s commitment to digital asset services.