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9h ago

FINMA-Regulated Taurus Enters U.S. With New York Office, Appoints Zack Bender to Lead

Taurus frames the move as a response to recent U.S. policy shifts that lower hurdles for banks to scale digital-asset services.

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Taurus sets up new york outpost for u.s. expansion
Photo: Ferdinand Stöhr

Overview

  • The Swiss institutional digital-asset provider has opened a New York office to launch its U.S. operations.
  • The site becomes Taurus’s second North American location following its Vancouver office.
  • Zack Bender was named head of U.S. business in New York after previous roles at Fiserv and Swift.
  • The company points to the GENIUS Act, the Clarity Act, and the repeal of SEC SAB 121 as catalysts for expected bank and corporate adoption.
  • Taurus, regulated by FINMA, provides custody, tokenization, and trading across 35+ blockchains to clients such as State Street, Deutsche Bank, Santander, and CACEIS, and it raised $65 million in a 2023 Series B led by Arab Bank Switzerland, UBS, and Pictet.