Taurus, a Geneva, Switzerland-based digital asset infrastructure provider for financial institutions in Europe, raised USD65M in Series B funding.
The round was led by Credit Suisse with participation from Deutsche Bank, Pictet Group, Cedar Mundi Ventures, Arab Bank Switzerland and Investis.
The company intends to use the funds to:
(1) hire engineering talent to further develop the platform;
(2) get closer to clients and expand the sales and customer success organization of its infrastructure solutions with new offices Europe, UAE and soon after in the Americas and South-East Asia, and
(3) maintain stringent security, risk and compliance requirements across product lines, processes and organizations.
Founded in April 2018 by Lamine Brahimi, Sébastien Dessimoz, Oren-Olivier Puderand Dr. Jean-Philippe Aumasson, Taurus provides enterprise-grade infrastructure to issue, custody and trade any digital assets: cryptocurrencies including staking, tokenized assets and digital currencies. The company also specializes in the banking segment, entrusted by the full spectrum of financial institutions: systemic banks, universal banks, online banks, crypto-banks, private banks, and broker-dealers.
Taurus also operates a regulated marketplace for private assets and tokenized securities.
The company already works with more than 25 financial institutions and corporate clients in eight countries and three continents, including systemically important financial institutions, retail and online banks, private banks, crypto-banks, investment banks, and broker-dealers. Amongst its clients are banks such as Arab Bank Switzerland, CACEIS, Credit Suisse, Deutsche Bank, Pictet, Swissquote, Vontobel.
FinSMEs
14/02/2023