Taurus, a digital asset infrastructure provider for financial institutions in Europe, has raised $65 million in series B capital from strategic investors.
The funding round was led by Credit Suisse and includes participation from new institutional investors such as Deutsche Bank, Pictet Group and Cedar Mundi Ventures, as well as from series A investors Arab Bank Switzerland and Investis, a stock-listed real estate group.
Taurus said the funds will be used to support the company’s growth strategy, which includes hiring top engineering talent; expanding the sales and customer success organization of its infrastructure solutions with new offices in Europe, United Arab Emirates, the Americas and Southeast Asia; and maintaining stringent security, risk and compliance requirements across product lines, processes and organizations.
Taurus currently partners with more than 25 financial institutions and corporate clients in eight countries and three continents, includi