1 week ago
The licence allows the steadfast to connection tokenized fiscal instruments to EU banks arsenic good arsenic secondary trading for tokenized bonds, money shares, equities, and structured products.
May 6, 2026, 8:00 a.m. 2 min read
Cryptocurrency custody steadfast Taurus has been granted a MiFID II concern licence successful Cyprus nether the regulatory ambit of Mediterranean island’s regulator, the Cyprus Securities and Exchange Commission (CySEC).
The licence enables Taurus to connection MiFID-regulated concern services for tokenized fiscal instruments to banks and plus managers crossed the European Union (EU), arsenic good arsenic secondary trading for tokenized bonds, money shares, equities, and structured products, according to a property merchandise connected Wednesday.
“Banks similar to look afloat regulated entities that are akin to the 1 they utilized to enactment with,” Sébastien Dessimoz, co-founder and Managing Partner astatine Taurus, said successful an interview.
“All the brokers successful Europe are MiFID licensed firms, and Taurus is simply a broker besides and present a MiFID licensed firm. So those banks and institutions tin beryllium definite we are taxable to each the indispensable guarantees – connected apical of that we're onshore successful Europe, which is besides highly appreciated," helium added.
MiFID II (Markets successful Financial Instruments Directive II) is the European Union’s halfway regulatory model for concern services, trading venues, and fiscal assets specified arsenic equities, bonds, derivatives, and structured products. It is designed for accepted superior markets, meaning a MiFID licence efficaciously allows firms to run arsenic regulated concern work providers crossed the EU.
The license, therefore, volition assistance Taurus span its crypto-native infrastructure with the regulatory perimeter utilized by banks and plus managers, allowing it to connection tokenized securities to organization clients successful their preferred format.
Taurus already works connected crypto custody and tokenization with the likes of Deutsche Bank, ClearBank, KBC, Santander, State Street, CACEIS, Pictet, and Swissquote. The steadfast besides has a licence from Swiss regulator FINMA, and an EU Markets successful Crypto Assets (MiCA) exertion is successful the pipeline too, said Dessimoz.
As a afloat regulated entity incorporated successful Europe, Taurus tin connection classical concern services for transferable securities, Dessimoz said, and besides springiness clients the anticipation to bargain oregon merchantability distributed ledger exertion (DLT) fiscal instruments specified arsenic tokenized equity, tokenized debt, tokenized money shares; successful different words, crypto-assets that suffice arsenic MiFID fiscal instruments.
Several different firms, specified arsenic OKX, Gemini, Crypto.com, Kraken, Bitstamp, and Perpetuals.com, clasp MiFID II licenses.
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