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Swiss fintech Taurus, backed by Deutsche Bank, now offers tokenized securities trading to retail clients following regulatory approval.
The signing recently received approval of the Swiss Financial Market Supervisory Authority (FINMA) to offer tokenized securities to retail clients.
Retail users can now participate in capital raises and trade digital assets and tokenized securities through the Taurus regulator. platform. The upgrade not only diversifies the customer base but also improves the liquidity of digital securities. It offers a unique opportunity for companies to access primary and secondary markets, serving a broader range of investors.
Taurus' announcement also includes the addition of several new issuers to the TDX market. Notable names such as Investis Group, la Mobilière, Qoqa, SCCF, Swissroc and Teylor have chosen TDX as their preferred trading venue for digital securities.
TDX Chief Product Officer Yann Isola emphasizes Taurus' vision of digitizing private markets, making the acquisition of private securities as easy as online purchases. The company has identified a growing demand for real-world asset (RWA) tokenization, which is rapidly expanding in the digital asset domain.
Taurus offers a comprehensive digital asset infrastructure, facilitating the issuance, custody and trading of various digital assets, including cryptocurrencies, tokenized securities, NFTs and digital currencies.
Deutsche Bank's partnership with Taurus, launched in September, and its participation in Taurus' $65 million Series B financing round in February 2023 show the banking giant's commitment to digital asset services.
