Taurus raises $65 million in round B financing with support from Credit Suisse, Arab Bank Switzerland, and Investis

It is reported that Taurus, a digital asset company, completed a round B financing of US $65 million, led by Credit Suisse, and participated by Arab Bank Switz…

Taurus raises $65 million in round B financing with support from Credit Suisse, Arab Bank Switzerland, and Investis

It is reported that Taurus, a digital asset company, completed a round B financing of US $65 million, led by Credit Suisse, and participated by Arab Bank Switzerland and Investis.

Taurus, a digital asset company, completed a round B financing of US $65 million

Interpretation of the news:


Taurus, a digital asset company, has recently finished a round B financing of $65 million with the help of Credit Suisse, Arab Bank Switzerland, and Investis. This is a significant event for the company that aims to provide secure and regulated infrastructure for digital assets.

The investment from these banks might be indicative of a growing interest in digital assets in the financial industry. Credit Suisse, being one of the largest banks worldwide, has previously expressed interest in blockchain technology and its applications in finance. Their participation in Taurus’ round B financing shows that they are committed to innovation and developing their expertise in the digital asset space.

Arab Bank Switzerland’s involvement might indicate a greater interest in digital assets in the Middle East, where the bank has a strong presence. It is worth noting that Arab Bank Switzerland is not affiliated with Arab Bank PLC, which is headquartered in Jordan. Investis, a Swiss investment company, also participated in Taurus’ fundraising round, indicating an appetite for investments in digital assets.

Taurus was founded in 2018 and is based in Geneva, Switzerland. The company aims to provide a secure and regulated infrastructure for digital assets, including cryptocurrencies, security tokens, and other digital assets. Taurus’ platform allows institutions and corporations to manage and store these assets securely, ensuring compliance with regulatory requirements.

The recent funding round will allow Taurus to expand their operations and further develop their platform. They plan to use the funds to hire new staff, invest in research and development, and expand their international presence. The fundraising also allows Taurus to pursue new partnerships and collaborations with financial institutions that are interested in digital assets.

In conclusion, Taurus’ successful fundraising round is a significant event in their development as a digital asset company. The support of Credit Suisse, Arab Bank Switzerland, and Investis highlights a growing interest in digital assets and shows that Taurus has established itself as a trusted player in this space. With their funding, the company can continue to develop their platform and expand their operations on the international stage.

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