With regulatory authority, retail consumers can now trade tokenized securities through Taurus, a Swiss fintech company backed by Deutsche Bank.
Switzerland’s Financial Market Supervisory Authority (FINMA) has recently permitted the company to sell tokenized securities to retail customers.
Through Taurus’s regulated platform, retail users can now trade tokenized securities and engage in capital raises. The update improves the liquidity of digital securities while also broadening the clientele.
It provides businesses with a special chance to enter primary and secondary markets and appeal to a wider spectrum of investors.
Taurus also announced the inclusion of other new issuers in the TDX market. Prominent entities including Teylor, Investis Group, la Mobilière, Qoqa, SCCF, and Swissroc have selected TDX as their favored digital equities trading platform.
Yann Isola, Head of Product at TDX, highlights Taurus’s goal of digitizing private markets to make purchasing personal assets as simple as online shopping.
The company, proliferating in the digital asset space, has noticed a rising demand for real-world asset (RWA) tokenization. With its all-inclusive digital asset infrastructure, Taurus makes it easier to issue, own, and trade a wide range of digital assets, such as tokenized securities, NFTs, digital currencies, and cryptocurrencies.
Deutsche Bank has demonstrated its commitment to digital asset services through its relationship with Taurus, which was started in September, and its involvement in Taurus’s $65 million Series B fundraising round in February 2023.
