Taurus has opened an office in Vancouver, Canada, to bring its digital asset infrastructure to North America.
Taurus has established a presence in North America with the opening of an office in Vancouver, Canada, as part of the company’s international growth strategy.
According to the firm, the decision to open an office in Vancouver comes in response to the growing demand for Taurus’ digital asset custody and tokenization services in North America, particularly from regulated financial institutions.
The provider of institutional-grade digital asset infrastructure now operates out of eight offices on 3 continents. The firm recently opened offices in key financial centers such as Zurich, London, Paris, Frankfurt, and Dubai.
Custody and tokenization solutions powered by Taurus
The Vancouver office will be led by Andrew Maledy, an accomplished technology leader with a proven track record of success in infrastructure management, business technology, and cloud.
After 12 years working in technology solutions based in Vancouver, most recently at Procore Technologies, his wealth of expertise in engineering management, agile methodologies, and cloud computing will now be leveraged at Taurus.
Andrew Maledy, Head of Vancouver office at Taurus, said: “North America presents a significant opportunity for digital asset innovation, and we are excited to establish our presence in Vancouver to serve our global and North American clients.”
Nicolas Bonvin, CTO at Taurus, commented: “We are very pleased to welcome Andrew to lead our Vancouver office and look forward to collaborating with regional partners and clients to deliver market-leading solutions powered by Taurus’ custody and tokenization technology.”
Catering to systemic banks, universal banks, online banks, crypto-banks, private banks, and broker-dealers, Taurus was founded in April 2018 to provide enterprise-grade digital asset infrastructure to issue, custody, and trade any digital assets, including cryptocurrencies, tokenized assets, NFTs, and digital currencies.
Taurus also operates a marketplace for private assets and tokenized securities and is a securities firm supervised and regulated by FINMA. TDX is an organized trading facility operated by Taurus.
Taurus signed Deutsche Bank
In late 2023, the FINMA-regulated digital asset infrastructure provider regulated by FINMA opened an office in Frankfurt, Germany to address demand from various financial institutions and corporations.
This expansion follows recent moves by BaFin to accelerate the licensing of crypto custody services, aiming to boost market confidence. Following this, several new licenses were issued, notably to Commerzbank, making it the first full-service financial institution in Germany to receive a crypto custody license.
Taurus also announced a partnership with Deutsche Bank. This partnership enables Deutsche Bank to expand its custody services to institutional clients.
With this expansion, Taurus SA continues to strengthen its leadership in the European market, particularly in digital asset infrastructure for banks and corporates. The company has also opened new offices in major financial centers like London, Paris, and Dubai, enhancing its international presence and capacity to meet the demands of diverse markets.
In early 2023, Taurus raised $65 million in a Series B round led by Credit Suisse, with participation from new institutional investors such as Deutsche Bank, Pictet Group, Cedar Mundi Ventures, as well as from Series A investors, Arab Bank Switzerland and Investis, a stock-listed real-estate group.
Taurus co-founders, Lamine Brahimi, Sébastien Dessimoz, Oren-Olivier Puder, and Dr. Jean-Philippe Aumasson, remain the largest shareholders of Taurus and at the helm of the Company.
