Summary
Swiss crypto custody specialist Taurus has partnered with a digital asset marketplace, Sygnum, to offer tokenized securities to retail customers in Switzerland. This move aims to bridge the gap between traditional financial markets and the crypto industry. The collaboration will enable retail investors to access a range of tokenized assets, including equities and bonds, while benefiting from increased liquidity and faster settlement times. Taurus and Sygnum plan to expand their services to other European markets in the future.
Key Points
1. Taurus, a crypto custody specialist, is now offering tokenized securities to retail customers in Switzerland. This move allows retail investors to gain exposure to traditional assets such as equities and bonds through blockchain technology.
2. By tokenizing securities, Taurus aims to enhance liquidity and accessibility for retail investors. This technology enables fractional ownership, allowing investors to buy and sell smaller portions of assets, making investing more accessible to a wider range of individuals.
3. The introduction of tokenized securities to retail customers in Switzerland aligns with the growing trend of integrating traditional financial markets with blockchain technology. This move demonstrates the increasing acceptance and adoption of cryptocurrencies and blockchain-based solutions in the traditional financial sector.