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Taurus Receives Regulatory Approval to Offer Tokenized Securities

Taurus

Swiss fintech firm Taurus has opened its TDX trading platform for tokenized assets to retail customers after receiving regulatory approval from the Swiss Financial Market Supervisory Authority (FINMA).

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In addition to existing professional and institutional customers, retail users can now create an account with the regulated securities firm to participate in capital raises and trade digital assets and tokenized securities in a secure and compliant manner, Taurus said.

The approval, Taurus said, allows companies to access both primary and secondary markets, serving both retail and professional investors and increasing the liquidity of digital securities.

In addition, companies can create their own trading segments and adapt liquidity through auction-based or continuous trading, Taurus said. This facilitates efficient capital raising and real-time management of digital securities.

Taurus also announced a new list of issuers that have chosen TDX as their preferred venue for trading digital securities, including Investis Group, la Mobilière, Qoqa, SCCF, Swissroc, and Teylor.

“Our core belief at Taurus is that private markets 2.0 will be digitized, making it as easy to buy a private security as it is to buy a book on Amazon,” said Yann Isola, Head of Product at TDX. “The growing demand for real-world asset (RWA) tokenization, which is the fastest growing market segment in the digital asset space, corroborates this belief.”

What is Taurus?

Taurus provides digital asset infrastructure for the issuance, custody, and trading of digital assets, including tokenized securities, cryptocurrencies, NFTs, and digital currencies.

In September, Deutsche Bank partnered with Taurus to offer its customers digital asset custody and tokenization services. The bank also participated in Taurus’s $65 million Series B funding round in February 2023.

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