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MainNewsIncreasing t...

Increasing tradFi partnerships open door to retail access for tokenized securities


by CryptoSlate
Increasing tradFi partnerships open door to retail access for tokenized securities

Deutsche Bank-backed Taurus recently received approval from FINMA to offer tokenized securities to retail investors through the TDX marketplace. Lamine Brahimi, Co-Founder and Managing Partner at Swiss-based Taurus discussed the regulatory challenges faced and the navigation process with CryptoSlate.

Since April 2018, Taurus has concentrated on developing institutional-grade technology and processes. Demonstrating compliance, anti-money laundering measures and investor protection were critical for approval, ensuring secure and compliant access, investment, and trading of digital securities on TDX.

Brahimi envisions tokenization, making the purchase of company shares as simple as buying a book online. He believes that digitizing private markets can significantly impact the financial industry. However, barriers such as the adoption of global tokenization standards, regulated secondary markets, and large-scale tokenized cash solutions persist. Taurus addresses these through strategic initiatives, including chairing the Technology Committee of the Capital Markets & Technology Association (CMTA) in Switzerland, launching TDX, and scaling clients’ digital asset businesses globally.

Strategic partnerships with prominent banks like Credit Suisse, Deutsche Bank, and AMINA Bank have been integral to Taurus’s success. These collaborations focus on providing future-proof technology and a platform that manages various digital assets. Brahimi highlights the importance of technology control and client demand for innovative digital asset products. Despite AI hype, regulatory environments and client interest in tokenized assets remain strong, with 80% of clients using Taurus’s tokenization platform alongside custody solutions.

Looking ahead, Brahimi foresees tokenization becoming more prevalent as regulatory frameworks solidify and institutional adoption increases.

The post Increasing tradFi partnerships open door to retail access for tokenized securities appeared first on CryptoSlate.

Read the article at CryptoSlate

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Increasing tradFi partnerships open door to retail access for tokenized securities


by CryptoSlate
Increasing tradFi partnerships open door to retail access for tokenized securities

Deutsche Bank-backed Taurus recently received approval from FINMA to offer tokenized securities to retail investors through the TDX marketplace. Lamine Brahimi, Co-Founder and Managing Partner at Swiss-based Taurus discussed the regulatory challenges faced and the navigation process with CryptoSlate.

Since April 2018, Taurus has concentrated on developing institutional-grade technology and processes. Demonstrating compliance, anti-money laundering measures and investor protection were critical for approval, ensuring secure and compliant access, investment, and trading of digital securities on TDX.

Brahimi envisions tokenization, making the purchase of company shares as simple as buying a book online. He believes that digitizing private markets can significantly impact the financial industry. However, barriers such as the adoption of global tokenization standards, regulated secondary markets, and large-scale tokenized cash solutions persist. Taurus addresses these through strategic initiatives, including chairing the Technology Committee of the Capital Markets & Technology Association (CMTA) in Switzerland, launching TDX, and scaling clients’ digital asset businesses globally.

Strategic partnerships with prominent banks like Credit Suisse, Deutsche Bank, and AMINA Bank have been integral to Taurus’s success. These collaborations focus on providing future-proof technology and a platform that manages various digital assets. Brahimi highlights the importance of technology control and client demand for innovative digital asset products. Despite AI hype, regulatory environments and client interest in tokenized assets remain strong, with 80% of clients using Taurus’s tokenization platform alongside custody solutions.

Looking ahead, Brahimi foresees tokenization becoming more prevalent as regulatory frameworks solidify and institutional adoption increases.

The post Increasing tradFi partnerships open door to retail access for tokenized securities appeared first on CryptoSlate.

Read the article at CryptoSlate

Read More

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