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Swiss Crypto Infrastructure Firm Taurus Expands to U.S. With New York Office

CoinDesk
Swiss digital asset infrastructure provider Taurus is expanding to the U.S. by opening an office in New York.

Summary

Taurus, a Swiss provider of digital asset infrastructure for financial institutions regulated by FINMA, announced its expansion into the U.S. with a new office in New York, marking its second North American location after Vancouver. This move is driven by growing institutional demand and a more favorable U.S. regulatory environment, specifically citing the GENIUS Act, Clarity Act, and the repeal of SEC Staff Accounting Bulletin (SAB) 121. Taurus expects these regulatory shifts to accelerate adoption of its compliant, enterprise-grade digital asset infrastructure among banks and corporations. To lead its U.S. operations, the firm appointed Zack Bender, formerly of Fiserv and Swift, as head of U.S. business. Taurus, which serves major clients like State Street and Deutsche Bank, previously raised $65 million in a 2023 funding round to support international expansion.

(Source:CoinDesk)