Taurus SA, the leading digital asset infrastructure provider for financial institutions in Europe, is pleased to announce a USD 65 million Series B capital raise from strategic investors. Taurus’ Series B round is led by Credit Suisse and includes participation from new institutional investors such as Deutsche Bank, Pictet Group, Cedar Mundi Ventures, as well as from Series A investors, Arab Bank Switzerland and Investis, […]
Thaw Digital, a financial technology company, emerged from stealth mode today to announce the launch of its first decentralized credit protocol, Coolwater. Coolwater provides trust-minimizing smart contract infrastructure to coordinate the terms on which capital can be called, deployed, and managed. While existing decentralized finance (DeFi) protocols allow for the tranching of financed assets’ repayment […]
Dubai’s Virtual Asset Regulatory Authority (VARA) has issued its Virtual Assets and Related Activities Regulations 2023. The Regulations set out a comprehensive Virtual Asset (VA) Framework built on principles of economic sustainability and cross-border financial security. The UAE has remained committed to enabling these drivers safely, updating its oversight and regulatory approach, addressing global risks […]