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Taurus Will Launch The World’s First Regulated Marketplace For Digital Assets On May 10th

Taurus will launch the world’s first regulated marketplace for digital assets on May 10th. These digital assets will be traded in the form of tokenized securities powered by both Tezos and Ethereum.

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Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.

Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.

Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

Taurus TDX

Taurus will launch the world’s first regulated marketplace for digital assets on May 10th.  These digital assets will be traded in the form of tokenized securities, more widely known as STO’s (Security Token Offerings). The STO’s that will be traded, will be tokenized on a public blockchain.

Tokenizing assets on a blockchain is the process where traditional assets are digitized, so they can be traded more efficiently in smaller fragments, while still being able to fully follow regulations. Taurus will support two blockchains on their platform: Tezos and Ethereum.

“Issuers will have the choice to tokenize securities on the Ethereum and Tezos blockchains, leveraging standards published by the Capital Markets and Technology Association (CMTA).”

Starting May 10, 2021, market players will be able to enjoy TDX’s unparalleled levels of flexibility with regards to token standards and markets that are available.

Securities issued by numerous companies and issuers, starting with Audacia Holding, a fast-growing e-commerce pioneer with 1.2 million clients, will be admitted for trading.

Several banks and financial institutions are being onboarded as participants, including, Arab Bank Switzerland, FlowBank, Hypothekarbank Lenzburg and SEBA Bank, as well as Investis Group, a Swiss stock-listed real estate company, and Stoneweg, a Geneva-based real estate investment company.

Why STO’s?

For different assets, different regulations apply. Certain types of assets are highly regulated. These assets can only be traded in a strict regulated environment.

These regulations must be enforced, which means that certain legal and administrative steps need to be taken when trading these assets. This makes trading these assets expensive and sometimes time-consuming. Digitizing these steps through smart contracts on blockchain means you can save time and money. This is where STO’s/digital securities can make a difference.

STO’s are tokenized assets. This means that the value of an asset is represented by tokens that are registered on a blockchain. These Tokens are classified as a “Security”, which are assets that are strictly regulated.

Registering STO’s on a blockchain, enables the issuer to make sure that all limitations that are necessary to comply with regulations, are registered and enforced on the blockchain through sets of smart contracts that apply to the token. 

Another advantage of tokenizing assets, is the fact that you can fractionalize large value assets. The best example in this case is tokenizing real estate. When tokenized, investors can now buy a percentage of an object instead of needing to buy the entire property. This lowers the bar immensely for people that want to invest in real estate, but have limited funds. 

About Taurus SA

Taurus SA was founded in April 2018 in Geneva, Switzerland, specialising in digital assets and blockchain. Taurus was founded by senior executives with a background in banking, regulatory, IT and cyber security. Taurus offers enterprise grade financial market infrastructure solutions for digital assets as well as other financial services to its clients.

It is a leader in Europe and Switzerland. Taurus solutions are in production and entrusted with the full spectrum. 

Disclaimer

Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.

Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.

Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

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