Swiss crypto infrastructure company Taurus opens an office in New York to expand its U.S. business

On October 29th, according to CoinDesk, Swiss crypto infrastructure provider Taurus announced the opening of an office in New York, officially entering the US market. This is the company's second office in North America after Vancouver, Canada. Taurus has appointed Zack Bender as the head of its US operations, having previously worked at Fiserv and Swift.
The company said that with the repeal of the GENIUS Act, Clarity Act, and SEC Accounting Bulletin SAB 121, the regulatory environments in the United States are becoming more conducive to the development of digital assets, which is expected to promote the adoption of compliant enterprise-grade digital asset infrastructure by banks and enterprises.
As an institution regulated by the Swiss Financial Marekt Supervisory Authority (FINMA), Taurus provides custody, tokenization, and trading technology to major Financial Institutions Groups including State Street, Deutsche Bank, Santander, and others, with an infrastructure that supports more than 35 blockchain networks.
In February 2023, Taurus received a $65 million Series B round led by Arab Bank Switzerland, UBS Group and Pictet Bank to fuel its international expansion and product development.