Share this article
Digital Asset Infrastructure Provider Taurus Raises $65M From Credit Suisse, Deutsche Bank
The Swiss firm plans to use the funds to make new hires and expand into across Europe and the UAE.
Updated May 9, 2023, 4:08 a.m. Published Feb 14, 2023, 9:57 a.m.
Taurus, a digital asset infrastructure provider, raised $65 million in Series B funding led by Credit Suisse (CS) with participation from Deutsche Bank (DBK).
The Geneva, Switzerland-based firm plans to use the funds to make new hires and expand across Europe and the United Arab Emirates, according to an announcement on Tuesday. Taurus declined to provide a valuation for the company.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Taurus says it works with more than 25 financial institutions, including Credit Suisse and Deutsche Bank, as well as Arab Bank Switzerland and Pictet Group, which also joined the funding round. Taurus offers custody, tokenization and trading of digital assets, including support for staking and decentralized finance (DeFi).
The funding round is a reminder that capital is still finding its way to the digital asset industry from major financial institutions, even after last year's crypto market crash and the collapse of crypto lenders Celsius Network and Voyager Digital as well as crypto exchange FTX. While the core crypto industry may face an uncertain future, firms providing the infrastructure for the broader digital asset ecosystem still seem able to attract substantial investment from mainstream finance.
Read more: Crypto Protection Firm Coincover Raises $30M
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
What to know:
- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
Top Stories
