Swiss crypto platform Taurus opens to retail customers

Following the green light from the regulator FINMA, Taurus now offers its trading services from cryptocurrencies and tokenized securities at retail investors.

This Tuesday, the Swiss Taurus has announced that it has received approval from the Swiss Financial Market Supervisory Authority (FINMA) to offer its crypto financial services to retail customers, including access to its regulated marketplace TDX

Like professional and institutional investors, retail investors can now trade all the digital securities listed on TDX in several fiat currencies, including Swiss francs, euros and dollars.

The arrival of this new clientele will increase the liquidity of digital securities offered on the platform, according to the announcement. TDX has also added new tokenized assets to its offering.

At Taurus, we are convinced that private markets 2.0 will be digitized, so that buying a private security becomes as easy as buying a book on Amazon. The growing demand for tokenization of real-world assets (RWAs), the fastest-growing market segment in the digital asset space, validates this belief,” trumpeted TDX Chief Product Officer Yann Isola in a statement.

Founded in 2018 in Geneva, Taurus raised $65 million in Series B funding from Credit Suisse in early 2023. The company, which works with major banks, recently opened new offices in France and the UK as part of its European expansion.

📢 🎉We’ve just obtained FINMA approval to extend our financial services and TDX marketplace to retail clients! Retail investors can now access and trade the full spectrum of digital securities in a safe and compliant manner. 💪https://t.co/lHWvyaocDn pic.twitter.com/bq60IbmUD7

– Taurus (@taurus_hq) January 23, 2024

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