Taurus, Teylor partner to boost SME credit with debt tokenization investment

Swiss crypto custody firm Taurus has partnered with Zurich-based fintech lending platform Teylor, known for focusing on the German SME market.

Teylor’s credit portfolio tokens, developed under the legal guidance of Allen and Overy, are set to be admitted for secondary market trading on Taurus’ TDX marketplace. Taurus co-founder Lamine Brahimi highlighted that the tokenization process, involving a Luxembourg-based investment vehicle, aligns with Swiss and European regulations.

Brahimi also revealed that these tokenized debt products targeting the German SME market will attract substantial investment from institutional investors in the coming weeks.

Taurus’ TDX marketplace, a key component of the firm’s operations beyond custody services, has already facilitated over 20 transactions, including assets like equity, debt, structured products, and art, amounting to a notional value exceeding $1 billion.

Switzerland, known for its crypto-friendly stance, continues to pioneer in integrating blockchain technology into traditional finance, offering institutional-grade solutions across various asset classes.

Meanwhile, Teylor, supported by prominent investors including Barclays, specializes in providing loans ranging from 100,000 to 1.5 million euros to Germany’s Mittelstand economy. Teylor’s CEO, Patrick Stäuble, says the company focuses on businesses that are too large for traditional bank branches yet too small for corporate finance departments, spanning sectors from industrials to import/export. Stäuble’s recent disclosure of nearly $25 million in loans last month underscores Teylor’s impact on the German business landscape.

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