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Deployments · Taurus · platform by Taurus

Taurus Digital Exchange (TDX) marketplace for tokenised securitiesNew

TDX is the marketplace for tokenised securities and private assets that Taurus runs in Switzerland as an organised trading facility under a FINMA securities firm licence granted in April 2021. Trading opened in May 2021 with Audacia Holding's tokenised shares as the first admitted security, with banks such as Hypothekarbank Lenzburg and SEBA (now AMINA) Bank among the first participants. FINMA allowed retail clients in January 2024, when Taurus also named further issuers including Investis, la Mobilière, Qoqa, SCCF, Swissroc and Teylor. From September 2024 a partnership with Aktionariat opened a route for Ethereum-based tokenised shares of Swiss SMEs, starting with RealUnit. Taurus publishes no trading volumes.

AnnouncedProof of conceptPilotLive (limited)Live (scaled)

Live (limited) since 10 May 2021[1] — Operating since 2021 with a small set of private issuers; no volume, issuer count or holder figures published. · Reviewed 13d ago

Assets
Equity[1][3]
Tokenised shares of private Swiss companies (e.g. Audacia, Aktionariat-issued SME shares)
Networks
Ethereum Public, permissionless[3][1][5]
Ethereum was an issuer option from launch (2021); Aktionariat-tokenised shares and the SCCF-2 trade finance note (May 2024) are on Ethereum.
Tezos Public, permissionless[1]
Taurus's launch post says issuers can tokenise securities for TDX on Ethereum or Tezos and that TDX processes smart contracts on either; no admitted security on Tezos found yet.
Use cases
Secondary trading[1][2]
Jurisdictions
Switzerland

Participants

Operates under

Timeline

  1. Happened 26 Sep 2024 · Participant joined · recorded 18 Oct 2026
    Taurus and Aktionariat agree to bring Ethereum-based tokenised SME shares to TDX, starting with RealUnit.[3]
  2. Happened 23 Jan 2024 · Scope expansion · recorded 18 Oct 2026
    FINMA approval lets retail clients trade on TDX; Taurus names new issuers including Investis, la Mobilière, Qoqa, SCCF, Swissroc and Teylor.[2]
  3. Happened 10 May 2021 · Launch · recorded 18 Oct 2026
    TDX opens to market participants, with Audacia Holding's tokenised securities first admitted to trading.[1]
  4. Happened 19 Apr 2021 · Regulatory approval · recorded 18 Oct 2026
    Taurus receives a FINMA securities firm licence to run TDX as an organised trading facility for digital assets.[1]

Sources

  1. [1]Taurus launches the World's first regulated marketplace for digital assets — Taurus, 19 Apr 2021. Accessed 18 Oct 2026.B
  2. [2]Taurus obtains FINMA approval to open its marketplace to retail clients — Startupticker (Taurus press release), 23 Jan 2024. Accessed 18 Oct 2026.B
  3. [3]Taurus and Aktionariat Announce Partnership to Enable Trading of Tokenized Shares With RealUnit as a First Issuer — Taurus, 26 Sep 2024. Accessed 18 Oct 2026.B
  4. [4]Digital Asset Infrastructure for Financial Institutions | Taurus — Taurus. Accessed 18 Oct 2026.B
  5. [5]SCCF and Taurus announce successful tokenization of end-to-end trade finance transaction on TDX marketplace — Taurus, 23 May 2024. Accessed 26 Oct 2026.B

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