TLDR
- Taurus secured a MiFID II investment license from the Cyprus Securities and Exchange Commission.
- The license allows Taurus to provide regulated services for tokenized securities across the European Union.
- Taurus can now support secondary trading of tokenized bonds, equities, fund shares, and structured products.
- Sébastien Dessimoz said banks prefer working with fully regulated entities under established frameworks.
- Taurus already partners with major banks, including Deutsche Bank, Santander, and State Street.
Crypto infrastructure provider Taurus has secured a MiFID II investment license in Cyprus from the Cyprus Securities and Exchange Commission. The approval allows Taurus to provide regulated investment services for tokenized financial instruments across the European Union. The company will now operate under the EU’s core framework for investment firms and trading venues.
Taurus secures MiFID II license to serve EU institutions
Taurus obtained the MiFID II license through authorization by the Cyprus Securities and Exchange Commission. The regulator oversees investment firms operating within Cyprus and across the European Union. As a result, Taurus can offer regulated services for tokenized securities to banks and asset managers.
The license permits Taurus to support secondary trading for tokenized bonds, equities, fund shares, and structured products. These digital instruments qualify as financial instruments under MiFID II rules. Therefore, Taurus can provide classical investment services for transferable securities within the EU.
Sébastien Dessimoz, co-founder and Managing Partner at Taurus, addressed the development. He said, “Banks like to face fully regulated entities that are similar to the one they used to work with.” He added that European brokers operate under MiFID licenses, and Taurus now holds the same status.
He also stated, “Those banks and institutions can be sure we are subject to all the necessary guarantees.” He said the company’s onshore presence in Europe strengthens institutional confidence. Taurus will now align its crypto-native systems with established regulatory standards.
MiFID II governs equities, bonds, derivatives, and structured products within the European Union. The framework sets conduct rules and reporting standards for investment firms. By holding this license, Taurus can passport its services across EU member states.
The company will focus on distributed ledger technology instruments that meet MiFID definitions. These include tokenized equity, tokenized debt, and tokenized fund shares. As a result, institutional clients can access digital securities in regulated formats.
Expansion builds on existing regulatory approvals and partnerships
Taurus already provides crypto custody and tokenization services to major financial institutions. Its partners include Deutsche Bank, ClearBank, KBC, Santander, State Street, CACEIS, Pictet, and Swissquote. The firm integrates digital asset infrastructure with traditional banking systems.
The company also holds a license from the Swiss Financial Market Supervisory Authority, FINMA. This authorization supports its operations within Switzerland’s regulatory framework. Taurus has also submitted an application under the EU Markets in Crypto-Assets regulation.
Dessimoz confirmed that the MiCA application remains in process. He said the firm aims to operate within both MiFID II and MiCA regimes. This approach allows Taurus to cover both traditional securities and certain crypto-assets.
Several crypto firms also hold MiFID II licenses within Europe. These include OKX, Gemini, Crypto.com, Kraken, Bitstamp, and Perpetuals.com. Taurus now joins this group as a regulated investment firm under EU law.
The Cyprus authorization establishes Taurus as a MiFID-licensed broker in Europe. The firm can now offer regulated investment services directly to institutional clients. The company confirmed the license in a press release issued on Wednesday.
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