Cryptofirma Taurus concludes finance of $ 65 million, led by Credit Suisse, Deutsche Bank

Cryptofirma Taurus concludes finance of $ 65 million, led by Credit Suisse, Deutsche Bank
Taurus SA-a Swiss company that provides an infrastructure for output, custody and trading cryptocurrencies-collected $ 65 million to improve its platform and expand internationally.
Significant financial institutions, including Credit Suisse, Deutsche Bank and Arab Bank Switzerland, carried out the financing.
compared to other continents
Stier disclosed Series B will use more engineers that could develop its platform and expand additional security worldwide. The main goal is the opening of offices in Europe and the United Arab Emirates (VAE) and later the focus on America and Southeast Asia.
The multi-million dollar funding was listed by numerous financial giants such as Credit Suisse, Deutsche Bank, Pictet Group, Arab Bank Switzerland, Investtis Holding SA and Cedar Mundi Ventures. The transaction was approved by the Federal Financial Market Authority (FINMA) - a government authority responsible for currency regulation.
Lamine Brahimi-co-founder and managing partner of Taurus-said the fundamental fundamental campaign during the current economic uncertainty shows the quality of the company's products.
"We are proud to welcome top-class investors and to benefit from their specialist knowledge in order to further develop one of the most rich platforms in the industry that covers any kind of digital assets," he added.
André Helfenstein-CEO of Credit Suisse (Switzerland)-said that the "strategic partnership" with Taurus reflects his company's plans to develop into the leading Swiss bank in the crypto sector. He also said that it would continue to interact with innovative technologies and introduce digital asset services for customers.
Deutsche Bank has promised to integrate Taurus's technology into its IT environment. Sabih Behzad - Head of Digital Assets and Currencies Transformation at the bank - said the cooperation would form a "key component of our platform for the custody of digital assets".
The crypto ripening trains of Deutsche Bank
It seems that the bear market is not a problem for Deutsche Bank, but a time that offers a chance. His wealth management branch-the DWS Group-recently unveiled Preserver-Spaces = "True"> to invest in two German cryptocurrency organizations: German digital assets (DDA) and Tradias.
Some executives of Deutsche Bank have been quite optimistic about Bitcoin in recent years. Macrostrategin Marion Laboure argues in 2021 that it could become "digital gold" of this century due to its fixed supply. She also emphasized Ethereum and described it as a "digital silver".
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