Europe's digital asset provider Taurus raised $65 million in funding
As per the announcement made on February 14, Taurus plans to use the $65 million raised in the funding round to strengthen its growth strategy in three key areas
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Taurus, a company that offers digital asset infrastructure services to financial institutions in Europe, has raised $65 million in a funding round.
Credit Suisse led the Series B capital raise, with other institutional investors such as Deutsche Bank, Pictet Group, Cedar Mundi Ventures, Arab Bank Switzerland, and Investis also taking part in the funding round.
As per the announcement made on February 14, Taurus plans to use the $65 million raised in the funding round to strengthen its growth strategy in three key areas.
Firstly, the company will hire talented engineers to continue improving its platform. Secondly, it will expand its sales and customer success team to offer better infrastructure solutions and establish new offices in Europe, the UAE, and eventually in the Americas and Southeast Asia.
Lastly, Taurus will ensure that it maintains high standards of security, risk management, and compliance across all its product lines, processes, and organisations.
