Geneva, 23.01.2024– Taurus, a regulated securities firm, is pleased to announce that TDX, its digital asset organized trading facility, and its financial services at large are now open to retail clients following FINMA approval. In addition to professional clients, retail clients can now create an account and trade digital assets and tokenized securities. Taurus also announces a new list of issuers that selected TDX as a preferred venue to trade their digital securities, including well-known Investis Group, la Mobilière, Qoqa, SCCF, Swissroc, and Teylor.
Access to retail clients
Taurus—a leader in digital asset infrastructure for banks and corporates—announces the full opening of its financial services and TDX marketplace to retail clients, after it received regulatory approval from FINMA, the Swiss Financial Market Supervisory Authority.
This approval demonstrates again Taurus’ robust organization, technology, and processes, and its pioneer role in the digital assets industry. Retail, professional, and institutional investors can now access and trade the full spectrum of digital securities accepted on TDX in a secure and compliant manner. Transactions can be conducted using various fiat currencies, including Swiss franc (CHF), Euro (EUR), and US dollar (USD).
Multiple benefits to issuers and investors
The opening of the TDX marketplace to retail clients brings several benefits to the market, both for issuers and investors:
- Companies can now access primary and secondary markets, with both retail and professional investors, enhancing the liquidity of digital securities. They can have their own trading segment, with custom liquidity schemes through auction-based or continuous trading markets and raise capital efficiently. Companies can manage their digital securities in real time and create a participation plan with just a few clicks;
- Retail investors who participated in capital raises can now seamlessly trade digital securities on a user-friendly and secure platform. This marks a major progress for this investor category;
- Professional investors will continue to trade as they used to do, but with more liquid markets and participations.
Taurus has spent years preparing for the opening to retail clients, focusing on a seamless launch and user journey. This ensures that market participants enjoy the best possible experience, while staying compliant with regulations and adhering to security best practices.
To do so, Taurus has appointed Mr. Yann Isola as TDX Head of Product, responsible for designing and implementing the TDX platform across all types of customer segments. Mr. Isola is an industry veteran with 15 years' experience building trading platforms and joined Taurus in October 2023.
Flagship issuers have selected TDX as preferred venue
Taurus is also delighted to announce that it is admitting for trading new tokenized assets from renowned Swiss companies that have selected TDX as their preferred venue. These issuers include Investis stock-listed real estate Group, la Mobilière, Qoqa, SCCF Structured Commodity & Corporate Finance, Swissroc real estate Group, and Teylor.
“Our core belief at Taurus is that private markets 2.0 shall be digitized, so that buying a private security becomes as easy as buying a book on Amazon. The growing demand for real-world asset (RWA) tokenization, the fastest growing market segment in the digital asset space, validates this belief,” said Yann Isola, TDX Head of Product.
Unlike other existing digital asset exchanges—both centralized and decentralized—Taurus has created with TDX a marketplace, wherein retail, professional, and institutional clients can trade any digital assets, including securities, in full compliance with applicable laws and regulations.
Testimonials
Fabio Monte, COO, Qoqa
"At the heart of QoQa's DNA lies our community and our capacity to innovate. Thanks to the collaboration with Taurus, we are grateful to have successfully raised CHF 1 million in just 22 minutes to finance the launch of Qrew, the 1st brewery community owned. It is a natural step to make the Qrew equity token available for trading to our community, pushing the boundaries of what currently exists in the industry."
Helene Pasquini, Innovation Manager Eurapco Lab and la Mobilière
"NFTs introduce the concept of digital ownership. As one of the largest insurance companies in Switzerland, it is our role to test and learn about new and innovative technologies and business models. We are pleased to partner with Taurus to support our new digital art internal project, leveraging their expertise across the value chain, including the issuance, custody, purchase on TDX and transfer of NFTs."
Patrick Stäuble, Founder and CEO, Teylor
“Teylor’s mission is to make corporate lending easier, faster, and more efficient through technology. Partnering with Taurus and launching the Teylor Token for professional investors to create liquidity for the private SME debt asset class is a key milestone towards this goal.”
Harrison Mean, Head of Strategy, Swissroc Group
“We are glad to play a small part in helping pioneer real estate tokenization. While the industry is still in its infancy, through Taurus technology and TDX, we can start learning and developing about new and innovative use cases, with the goal of unlocking tangible value for those wanting to invest in real estate products.”
SCCF Structured Commodity & Corporate Finance SA, Dimitri Rusca, Founder and CEO
“We've successfully executed multiple end-to-end trade finance operations for renewable energy commencing with issuances through Taurus and culminating in transaction settlements on their TDX marketplace. The tokenization of debt securities empowers us to streamline and digitize the financing of loans and procurement of commodities, enhancing efficiency."
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About Taurus SA
Taurus SA is a Swiss FinTech, founded in April 2018, that provides enterprise-grade digital asset infrastructure to issue, custody, and trade any digital assets: cryptocurrencies, tokenized assets, NFTs, and digital currencies. Taurus is a global leader in the banking segment, entrusted by the full spectrum of financial institutions: systemic banks, universal banks, online banks, crypto-banks, private banks, and broker-dealers. Taurus also operates a marketplace for private assets and tokenized securities. Taurus SA is a securities firm supervised and regulated by FINMA. TDX is an organized trading facility operated by Taurus. For further information on Taurus, please visit www.taurushq.com
About Mobilière Group
Every third household and every third company in Switzerland is insured by la Mobilière. Active in all lines of insurance, la Mobilière had an annual premium volume of around CHF 4.540 billion as at 31 December 2022. Eighty entrepreneurially run general agencies with their own claims service at around 160 locations guarantee proximity to over 2.2 million customers. The insurance group under the umbrella organisation Swiss Mobiliar Holding Ltd. includes Swiss Mobiliar Insurance Company Ltd. domiciled in Berne, Swiss Mobiliar Life Insurance Company Ltd. domiciled in Nyon, Swiss Mobiliar Asset Management Ltd., Protekta Legal Protection Insurance Ltd., Swiss Mobiliar Services Ltd., all domiciled in Berne, as well as Trianon SA and SC, SwissCaution SA, both domiciled in Nyon, and bexio AG, domiciled in Rapperswil. Also part of Mobilière Group are Swiss Mobiliar Risk Engineering Ltd., Mobi24 Ltd., XpertCenter Ltd., Buildigo Ltd. and Lightbird Ventures Ltd., all domiciled in Berne, Liiva AG and Foundera Ltd., both domiciled in Zurich, and Companjon, with headquarters in Dublin and Düsseldorf.
La Mobilière has around 6,200 employees in its home markets of Switzerland and the Principality of Liechtenstein and provides 319 positions for trainees. Founded in 1826 as a cooperative, it is Switzerland’s oldest private insurance company. The Board of Directors of Swiss Mobiliar Cooperative ensures that the cooperative principles of the Group are upheld to this day. https://www.mobiliere.ch
About SCCF
SCCF SA (Structured Commodities and Corporate Finance) was established by former major bankers specialized in commodity trade finance, it originates and provides commodity backed investment opportunities to small and mid-size commodity merchants since 2004. SCCF specializes in sourcing short to mid-term financing for companies active in the trading, production, processing, tolling, transportation, and distribution of essential commodities throughout the world. For further information on SCCF, please visit https://sccf.ch
About Swissroc Group
Born from a strong determination to rethink established practices in the construction and real estate industry, the Swissroc Group has acquired multiple skills across the entire real estate value chain to improve the way we build and create lasting value for cities, their inhabitants, and the professions within the construction and real estate world. Founded in 2013, the Group counts more than 250 building sites, 40 developments to its name and over CHF 1bn in assets to be developed and is involved in every aspect of the value chain: Investment, Asset Management, Development, Architecture, Construction, Planning, and Sales. This bottom-up, interdisciplinary approach has allowed the Group to build the expertise and perspectives necessary to successfully identify, manage, and execute real estate projects and investment opportunities in French-speaking Switzerland. The Group is committed to reinventing the city and its inhabitants' lives, providing concrete solutions to current climate challenges to build the city of tomorrow. www.swissroc.ch/en/
About Teylor AG
Teylor is the Swiss technology company that has developed the Teylor Credit Platform, a suite of software modules that enable financial institutions to build, deliver and scale digital credit products. Banks throughout Europe use Teylor's software modules to innovate their lending processes, digitise their products and reduce the cost of lending. SMEs rely on Teylor for fast and convenient access to capital through Teylor's own private debt fund. Teylor can customise its software modules to fit the requirements of any credit provider and credit product. Lenders can pick individual modules to complement and integrate with their existing legacy processes and technologies or develop entirely new digital processes from scratch. Teylor is Zurich-based and was founded in 2018 by Patrick Stäuble. www.teylor.com
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