Digital asset infrastructure provider Taurus SA on Thursday announced a $65 million Series B capital raise from strategic investors, including banking giants Credit Suisse Group AG (NYSE: CS) and Deutsche Bank AG (NYSE: DB).
Other institutional investors include Pictet Group and Cedar Mundi Ventures, as well as Series A investors, Arab Bank Switzerland and Investis, a stock-listed real-estate group.
The company stated the transaction was approved by the Swiss Financial Market Supervisory Authority (FINMA).
The funds will be used to support Taurus’ growth strategy across three main priorities: hiring top engineering talent to further develop its platform; expanding its sales and customer success organization with new …
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