Taurus Expands to US with New York Office Amid Institutional Crypto Demand

Swiss crypto infrastructure provider Taurus enhances its North American presence with a New York office, highlighting stronger ties to the region’s institutional financial market.

Summary

In an official announcement on October 29, Swiss crypto infrastructure firm Taurus confirmed the opening of a New York office, its second in North America after Vancouver. Founded in 2018 and regulated by FINMA, Taurus offers custody, tokenization, and trading technology to major institutions including State Street, Deutsche Bank, Santander, and CACEIS, supporting over 35 blockchain networks. Zack Bender, formerly with Fiserv and Swift, has been appointed to lead U.S. operations. This move underscores Taurus's commitment to the region’s financial ecosystem amid rising institutional interest in compliant digital asset services.

Terms & Concepts
  • Digital Asset Infrastructure: Systems and services that support the secure storage, transfer, and management of digital assets such as cryptocurrencies.
  • Tokenization: The process of converting ownership rights in an asset into a digital token on a blockchain.
  • Custody: Secure storage and management of digital assets, often provided by regulated financial institutions or specialized service providers.