Taurus, a Switzerland-based digital asset infrastructure firm, says it has opened an office in New York to expand services in the US market.
Taurus is regulated by FINMA, the Swiss financial market supervisory authority. The company currently provides services to well-known European firms like State Street, Deutsche Bank, Santander, and CACEIS.
As the Trump administration is supportive of digital asset innovation, Taurus aims to benefit from this shift in policy to expand in the US. The company already had a Canadian office in Vancouver. Taurus mentions specifically the GENIUS Act, the Clarity Act, and the repeal of SAB 121, a punitive rule established by the Securities and Exchange Commission during the Biden administration.
Taurus has hired Zack Bender as Head of U.S. Business, an executive who previously worked at Fiserv and Swift.
In 2023, Taurus raised $65 million in a Series B round led by Arab Bank Switzerland, UBS, and Pictet to fuel its expansion and product development. The company says that it now supports over 35 blockchain networks and maintains partnerships with leading global banks and financial institutions.
Taurus provides digital asset solutions like tokenization, NFTs, crypto, and more.