Taurus has secured MiFID investment firm license. It will enble the Swiss digital asset infrastructure company a regulated base to expand services tied to tokenized financial instruments across the EU.
The license was granted by the Cyprus Securities and Exchange Commission to Taurus (Europe) Ltd, the company’s Cyprus-based subsidiary.
Taurus said the Nicosia office will serve as its hub for investment services in EU markets.
Subject to notification and passporting procedures, the authorization allows the unit to serve clients across the bloc’s 27 member states. That gives Taurus a formal EU foothold at a time when banks, asset managers and market infrastructure firms are testing tokenized securities under clearer rules.
The development builds on Taurus SA’s Swiss regulatory status.
The company is already authorized and regulated by Switzerland’s Financial Market Supervisory Authority (FINMA). Taurus’ TDX platform is described by the company as an organized trading facility operated by Taurus SA, not a stock exchange.
“The MiFID license is an important step in our European strategy. It allows us to support EU-based entities within a clear regulatory framework as they scale their digital and tokenized asset activities,” Taurus Co-founder and Managing Partner, Sébastien Dessimoz, said in a statement shared with AlexaBlockchain.
The licensing plays a crucial role because tokenized securities sit closer to traditional capital markets than to crypto trading.
Under EU rules, some crypto-assets are treated as financial instruments rather than MiCA-regulated crypto-assets. The EU’s DLT Pilot Regime, which began applying in March 2023, provides a framework for trading and settlement of crypto-assets that qualify as financial instruments under MiFID II.
That distinction is important.
MiCA created a broad regime for crypto-asset service providers and stablecoin issuers. But tokenized shares, bonds, funds and other DLT-based securities can fall under securities-market rules, including MiFID II and related market infrastructure regulation. MiCA became applicable to stablecoin issuers from June 2024 and to crypto-asset service providers from December 2024.
The CySEC license strengthens Taurus’ ability to combine two lines of business.
The first is technology infrastructure for custody, tokenization and blockchain connectivity. The second is regulated investment services tied to financial instruments, including tokenized DLT financial instruments.
That combination is becoming more relevant as large financial institutions move from pilots to production use cases.
State Street, one of the world’s largest custody banks, announced an agreement with Taurus in 2024 to use its custody, tokenization and node-management technology for institutional digital asset services. The partnership was designed to support issuance and servicing of digital assets, including digital securities and fund vehicles, subject to regulatory approvals.
Deutsche Bank has also been a prominent Taurus backer and partner.
Taurus raised $65 million in a 2023 Series B round led by Credit Suisse, with participation from Deutsche Bank, Pictet Group, Cedar Mundi Ventures, Arab Bank Switzerland and Investis. Deutsche Bank later signed a global partnership with Taurus for digital asset custody and tokenization technology.
The EU license therefore comes at a strategic moment.
Digital asset firms are increasingly seeking regulated status in Europe as institutional clients demand clearer safeguards around governance, cybersecurity, custody and market conduct. For banks, a technology provider’s license does not remove their own compliance obligations, but it can reduce counterparty and operational risk when building tokenized asset programs.
MiFID II is central to that institutional comfort.
The framework requires authorization for investment firms and sets rules around operating conditions, management bodies, conduct and investor protection. EU policy describes MiFID II as part of the bloc’s effort to create a single market for investment services while maintaining harmonized protection for investors in financial instruments.
The passporting element is also commercially significant.
MiFID allows authorized investment firms to provide certain services across member states after completing the required notification process. That makes the Cyprus license more than a local authorization, provided Taurus completes the relevant cross-border procedures.
Taurus said the new license complements its existing custody and tokenization platforms.
The company said it will use Taurus (Europe) Ltd to support banks and financial institutions across Europe as they design and scale digital asset strategies. The firm also said the authorization adds another layer of assurance around governance, risk management and cybersecurity.
The company has also expanded its European governance structure.
Taurus said Taurus (Europe) Ltd has established a new board with company representatives and independent directors. The board includes Lino Finini, former chief operating officer and executive committee member at Swissquote, and George Psomas.
The move reflects a broader institutional shift in digital assets.
The first phase of crypto adoption was led by exchanges and retail access. The current phase is being shaped more by regulated custody, tokenized securities, stablecoin compliance and market infrastructure.
Europe is trying to place that activity inside existing financial rules.
Taurus’ new EU license gives it a clearer path to compete for regulated institutional mandates.
It also shows how digital asset infrastructure is moving closer to the legal architecture of traditional finance, where licenses, governance and cross-border authorization matter as much as blockchain technology itself.
The article “Taurus Secures EU MiFID License to Expand Tokenized Asset Services” was first published on AlexaBlockchain. Read the complete article here: https://alexablockchain.com/taurus-secures-eu-mifid-investment-firm-license/
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