Crypto custodian Taurus moves straight into EU capital markets with MiFID license in Cyprus
Key takeaways
- “Banks like to face fully regulated entities that are similar to the one they used to work with,” Sébastien Dessimoz, co-founder and Managing Partner at Taurus, said in an interview.
- “All the brokers in Europe are MiFID licensed firms, and Taurus is a broker also and now a MiFID licensed firm.
- It is designed for traditional capital markets, meaning a MiFID license effectively allows firms to operate as regulated investment service providers across the EU.
The license allows the firm to offer tokenized financial instruments to EU banks as well as secondary trading for tokenized bonds, fund shares, equities, and structured products.By Ian Allison|Edited by Omkar Godbole May 6, 2026, 8:00 a.m. 2 min read Make preferred on Cyprus (Miriam Eh/Unsplash)What to know: Taurus has been granted a Mi FID II investment license from the Cyprus Securities and Exchange Commission (CySEC).The firm also has a licence from Swiss regulator FINMA, and an EU Markets in Crypto Assets (MiCA) application is in the pipeline too.Cryptocurrency custody firm Taurus has been granted a MiFID II investment license in Cyprus under the regulatory ambit of Mediterranean island’s regulator, the Cyprus Securities and Exchange Commission (CySEC).
The license enables Taurus to offer MiFID-regulated investment services for tokenized financial instruments to banks and asset managers across the European Union (EU), as well as secondary trading for tokenized bonds, fund shares, equities, and structured products, according to a press release on Wednesday.
“Banks like to face fully regulated entities that are similar to the one they used to work with,” Sébastien Dessimoz, co-founder and Managing Partner at Taurus, said in an interview.