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Taurus subsidiary granted MiFID licence
06 May 2026 Cyprus
Image: Tierney/stock.adobe.com
Taurus, a Swiss institutional digital asset infrastructure firm, has had its Cyprus-based subsidiary, Taurus (Europe), granted an investment firm license under the Markets in Financial Instruments Directive (MiFID) regulation by the Cyprus Securities and Exchange Commission (CySEC).
The licensing means Taurus (Europe) is duly authorised to operate in the region and will act as the group’s hub for investment services in EU markets.
The servicing of jurisdiction-wide EU clients by the subsidiary is subject to the relevant notification and passporting procedures.
The authorisation builds on Taurus’s prior 2021 acquisition of a Swiss Financial Market Supervisory Authority (FINMA) licence.
The firm now possesses a fully regulated presence in the EU, allowing it to provide MiFID services in relation to financial instruments, including tokenisation and DLT.
Taurus says it will be able to “actively support banks and financial institutions across Europe as they design and scale their digital asset strategies” as a result of their authorisations.
In line with local requirements, the company has also established a new board of directors, comprised of Taurus representatives and independent financial services experts, to “support its expansion in Europe”.
Commenting on the authorisation, Sébastien Dessimoz, co-founder and managing partner at Taurus, says the licence “allows us to support EU-based entities within a clear regulatory framework as they scale their digital and tokenised asset activities”.
The licensing means Taurus (Europe) is duly authorised to operate in the region and will act as the group’s hub for investment services in EU markets.
The servicing of jurisdiction-wide EU clients by the subsidiary is subject to the relevant notification and passporting procedures.
The authorisation builds on Taurus’s prior 2021 acquisition of a Swiss Financial Market Supervisory Authority (FINMA) licence.
The firm now possesses a fully regulated presence in the EU, allowing it to provide MiFID services in relation to financial instruments, including tokenisation and DLT.
Taurus says it will be able to “actively support banks and financial institutions across Europe as they design and scale their digital asset strategies” as a result of their authorisations.
In line with local requirements, the company has also established a new board of directors, comprised of Taurus representatives and independent financial services experts, to “support its expansion in Europe”.
Commenting on the authorisation, Sébastien Dessimoz, co-founder and managing partner at Taurus, says the licence “allows us to support EU-based entities within a clear regulatory framework as they scale their digital and tokenised asset activities”.
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