Taurus Secures $65 Million in Series B Funding

Taurus Raises $65 Million in Series B Funding

Taurus, a leading digital asset infrastructure provider for financial institutions, has successfully raised $65 million in a Series B funding round. The round was spearheaded by Credit Suisse and included participation from notable institutional investors such as Deutsche Bank, Pictet Group, Cedar Mundi Ventures, Arab Bank Switzerland, and Investis.

Strategic Growth Initiatives

With the newly acquired capital, Taurus aims to accelerate its growth strategy across key areas. A significant portion of the funds will be allocated to recruiting top engineering talent. This will ensure the continual development and enhancement of Taurus's platform, strengthening its position in the digital asset infrastructure market.

Geographic Expansion

Taurus plans to expand its sales and customer success teams to bolster its infrastructure solutions. The company is set to open new offices in Europe and the UAE, with future expansions planned for the Americas and Southeast Asia. This strategic move is expected to enhance Taurus's global footprint and customer engagement.

Focus on Security and Compliance

Maintaining rigorous security, risk, and compliance standards is a top priority for Taurus. The company is committed to upholding these standards across its product lines, processes, and organizational practices. This focus ensures that Taurus continues to provide reliable and secure solutions for its institutional clients.

In summary, the successful funding round positions Taurus for significant growth and expansion, enhancing its service offerings and global reach in the digital asset infrastructure sector.