Crypto Custody Specialist Taurus Brings Tokenized Securities to Retail Customers in Switzerland
Swiss cryptocurrency firm Taurus has received approval from the Swiss financial regulator FINMA to offer blockchain-based shares in unlisted companies to retail investors. Taurus' TDX marketplace, backed by Deutsche Bank, enables transactions using cryptocurrencies and traditional currencies like the Swiss franc, Euro, and U.S. dollar. Several Swiss firms have chosen TDX to issue shares, including Investis, la Mobilière, Qoqa, Structured Commodity & Corporate Finance, Swissroc, and Teylor. Retail investors can now participate in capital raises for unlisted firms in a primary market setting and can also be involved in the secondary markets. Currently, TDX is targeted at Swiss residents but may be open to additional investors who meet compliance requirements.
