The funding round also saw participation from several other institutional investors, including Deutsche Bank, Pictet Group, Cedar Mundi Ventures, Arab Bank Switzerland, and Investis.
Taurus, a digital asset infrastructure provider for financial institutions in Europe, has raised $65 million in a Series B capital raise led by Credit Suisse.
Taurus has established partnerships with over 25 financial institutions and corporate clients across eight countries and three continents. Taurus's clients include financial institutions such as Arab Bank Switzerland, CACEIS, Credit Suisse, Deutsche Bank, Pictet, Swissquote, and Vontobel. Taurus said it sees enormous potential for the digital asset industry to reach a value of more than USD 10 trillion by digitizing private assets. The company has already played a role in tokenizing 15 deals with a range of issuers, including banks, asset managers, small and medium-sized enterprises , and startups based in Switzerland and the European Union. Additionally, Taurus was recently chosen by a publicly-traded insurance company to tokenize real assets.
Despite being in a bear market, digital asset companies continue to raise capital to develop and innovate within the ecosystem.QuickNode closed a $60 million funding round as part of a global expansion intended to onboard more users and developers to Web3 applications. The Series B raise, which valued QuickNode at $800 million, was led by venture capital firm 10T Holdings, with participation from Tiger Global, Seven Seven Six, and QED.
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