Deutsche Bank-backed Taurus Partners With Teylor To Tokenize SME Loans In Germany

Taurus, a Swiss crypto custody firm supported by Deutsche Bank, has entered into a partnership with Teylor, a fintech lending platform based in Zurich and specializing in the German SME marketplace. In a statement published on Thursday, the companies said that the collaboration aims to tokenize loans for small and medium businesses in Germany, jumping on the recent trend of asset tokenization across the crypto community. Teylor’s credit portfolio tokens have the capability to be admitted for secondary market trading on Taurus’ TDX marketplace, the companies noted. The tokenization process is facilitated through a Luxembourg-based investment vehicle and is designed to comply with both Swiss and European regulations, Brahimi noted.

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