Taurus Taps Bank Of America
Swiss-based crypto infrastructure firm Taurus SA is expanding into Europe by opening two new offices in the UK and France, led by former Bank of America executive Jürgen Hofbauer and SAP veteran Arnaud Fleischer. The move aims to bring Taurus’ services closer to partners and tap into growing institutional interest from banking and corporate clients. Further expansion across Europe, pending regulatory approval, includes new premises in Zurich to strengthen its Swiss presence.
Taurus, a Swiss cryptocurrency company, has secured a $65 million Series B funding round led by Credit Suisse, with Deutsche Bank, Pictet Group, Cedar Mundi Ventures, and Arab Bank Switzerland also participating. The company has expanded its digital asset custody and tokenization services to support private and public blockchains, claiming over 60% market share in Switzerland.
(With inputs from Shikha Singh)
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