Swiss FinTech Giant Taurus Expands to North America

Published 22/05/2024, 15:20
Swiss FinTech Giant Taurus Expands to North America

Coin Edition -

  • Digital Asset Leader Taurus Expands to North America.
  • Targets North American financial institutions with its sought-after custody and tokenization solutions for cryptocurrencies, NFTs, and other digital assets.
  • Andrew Maledy, with a strong background in technology and engineering management to spearhead regional expansion.

Global digital asset infrastructure provider Taurus has planted its flag in North America, opening its first office on the continent in Vancouver, Canada. This move aligns with the company’s broader strategy to address the surging demand for digital asset services across North America. The expansion also bolsters Taurus’s global footprint, bringing its total number of offices to eight worldwide.

The selection of Vancouver is strategic, as the city is rapidly emerging as a hub for fintech innovation. Taurus aims to capitalize on this growth by offering its highly sought-after digital asset custody and tokenization solutions. These services are particularly attractive to regulated financial institutions in North America.

Veteran technology leader Andrew Maledy will spearhead the new Vancouver office. Maledy boasts extensive experience in business technology and cloud computing, honed during his tenure at prominent companies like Procore Technologies (NYSE:PCOR). His background in engineering management and agile methodologies positions him well for this critical role.

Maledy expressed his optimism about the North American landscape. “North America presents a fertile ground for innovation in digital assets,” he remarked. His leadership is expected to drive regional growth and forge strong relationships with local partners and clients.

Echoing Maledy’s sentiment, Nicolas Bonvin, Taurus’s CTO, emphasized the Vancouver office’s significance in serving both global and North American clients. He also extended a warm welcome to Maledy, expressing confidence in their collaborative efforts in the region.

Beyond North America, Taurus has been actively expanding its reach into key financial centers around the world, including Zurich, London, Paris, Frankfurt, and Dubai. These strategic expansions solidify Taurus’s steadfast commitment to becoming the preeminent provider of digital asset infrastructure for banks globally.

Founded in April 2018, Taurus SA, the driving force behind these strategic maneuvers, is a Swiss FinTech company specializing in cutting-edge digital asset solutions. Its service offerings encompass the entire digital asset lifecycle, from issuance and custody to trading of various assets including cryptocurrencies, tokenized assets, NFTs, and digital currencies. Notably, Taurus operates under the scrupulous supervision of FINMA and runs TDX, a well-established trading facility.The company’s product portfolio includes flagship solutions like Taurus-PROTECT™, a leading digital asset custody solution in Europe, and Taurus-CAPITAL™, which streamlines the issuance and management of NFTs and tokenized assets. These products, seamlessly integrated with the TDX™ trading platform, exemplify Taurus’s pioneering approach in the ever-evolving digital asset landscape

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