Taurus Expands Tokenized Securities to Swiss Retail Crypto Customers

• Taurus Gets Approval to Offer Blockchain-Based Shares to Retail Investors
• Taurus' TDX Marketplace
• The Rising Interest in Tokenization
• Opening TDX to Retail Investors
• TDX's Expansion Potential

Taurus Gets Approval to Offer Blockchain-Based Shares to Retail Investors

The Swiss-based cryptocurrency custody and trading company, Taurus has received approval from the Swiss Financial Market Supervisory Authority (FINMA) to provide blockchain-based shares in non-listed companies to retail investors. This marks a significant move in the direction of democratizing tokenized securities for the general public.

Taurus' TDX Marketplace

The Rising Interest in Tokenization

Tokenization is becoming an increasingly popular subject, from Wall Street giants like JPMorgan seeking to improve their handling of financial assets to innovative firms like Taurus in Switzerland striving to bring this technology to a wider audience.

Opening TDX to Retail Investors

"Previously, TDX had only been approved for transactions involving professional or qualified investors. Now, with FINMA's authorization, we can extend this to retail investors as well. We believe that purchasing a share in a company should be as straightforward as buying a book on Amazon," stated Taurus co-founder, Lamine Brahimi.

With this development, retail investors can now take part in primary market capital raises for unlisted companies and also participate in secondary markets.

TDX's Expansion Potential

At present, TDX is primarily aimed at Swiss residents, but could potentially be accessible to additional investors, provided they fulfil the necessary compliance requirements. This will be dependent on the trading segment and the issuer, according to Brahimi.

Edited by Jonathan Stoker