Crypto infrastructure firm Taurus opens first US office as digital assets 'move into mainstream adoption'
Quick Take Along with opening an office in New York City, the Swiss-based Taurus appointed Zack Bender as head of U.S. business. Taurus raised $65 million in a Series B round in 2023, led by Credit Suisse, to accelerate international expansion and product development.
Taurus, a Switzerland-based fintech and digital asset firm, is expanding into the United States for the first time.
The FINMA-regulated firm, which is a provider of institutional-grade digital asset infrastructure, is opening an office in New York, its second North American location after Vancouver, Canada.
Taurus provides digital asset infrastructure to banks such as State Street , Deutsche Bank , and Santander, and is expanding to support greater integration between the U.S. and worldwide financial systems as digital assets move into mainstream adoption, the firm said in a press release.
Along with the expansion, Taurus has appointed Zack Bender as head of U.S. business. Bender previously worked at Fiserv and Swift, according to the release.
"The GENIUS and Clarity Acts, together with the repeal of SAB 121, pave the way for financial institutions and large corporates to scale digital asset activities," Bender said in a statement. "We expect significant adoption in the coming quarters, and I'm excited to support clients with one of the most advanced infrastructures in the world while building Taurus' presence in the U.S. market."
Founded in 2018, Taurus is a provider of enterprise-grade solutions for issuing, storing, and trading cryptocurrencies, tokenized assets, and NFTs. The firm also operates a marketplace for private assets and tokenized securities and is a securities firm regulated and supervised by FINMA.
Credit Suisse led a $65 million Series B in Taurus back in 2023, which also included Arab Bank Switzerland, UBS, and Pictet, to drive "international expansion and product development." The company was approved to offer tokenized securities to retail clients in January 2024.
Earlier this year, Taurus expanded its digital asset custody and tokenization offerings to Solana.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
DeFi Faces a Trust Challenge: Balancer Recovers $8 Million Following $128 Million Hack
- Balancer proposes $8M repayment plan after $128M exploit, returning funds to liquidity providers via pro-rata in-kind distribution. - Whitehat actors receive 10% bounties in rescued tokens; non-socialized model ensures pool-specific funds go only to affected LPs. - Exploit exposed systemic risks in DeFi's composable pools, with attackers exploiting rounding errors despite 11 prior audits by four firms. - Governance vote will finalize distribution framework, with claim interface enabling 90-180 day token
VIPBitget VIP Weekly Research Insights
This year's market has been driven primarily by the growth of DATs, ETFs, and stablecoins. Strong institutional inflows indicate that mainstream U.S. capital is now entering the crypto market. However, after the October 11 black swan event, the market underwent a significant correction due to deleveraging. Even so, several indicators now suggest that a bottom may be forming. Our recommended assets are BTC, ETH, SOL, XRP, and DOGE.
Zcash (ZEC) Value Soars in Late 2025: Regulatory Transparency and Institutional Embrace Drive Growth in Privacy-Oriented Cryptocurrency
- Zcash (ZEC) surged 1,100% in November 2025 to $9.24B, driven by regulatory clarity, institutional adoption, and rising privacy demand amid CBDC concerns. - Grayscale's Zcash ETF filing and EU's 2027 privacy coin phaseout highlight regulatory duality, with optional transparency features attracting institutional investors. - Cypherpunk and Reliance Global's ZEC investments, plus $197M Grayscale holdings, signal privacy coins' shift from niche to mainstream financial assets. - Market dynamics show $2B daily
XRP News Today: XRP Faces Impending Death Cross: Falling Below $1.82 Could Lead to a 15% Decline
- XRP faces bearish pressure as a death cross forms, signaling potential 15% price correction below $1.82 support. - Analysts highlight $1.90–$2.08 consolidation zone as critical for stability, with $1.65 Fibonacci level as potential bottom. - Recent ETF launches briefly boosted XRP to $2.25, but weak volume and lack of institutional buying limit upside. - Broader crypto fragility and regulatory uncertainties amplify risks for XRP holders amid technical breakdown threats.
Trending news
MoreCrypto prices
More
