Taurus wins MiFID II licence, enabling EU-wide passporting for tokenized securities across all 27 member states

Swiss digital asset infrastructure provider Taurus has obtained a MiFID II investment firm licence via the Cyprus Securities and Exchange Commission (CySEC), becoming the first pure-play institutional digital asset platform to secure approval ahead of the July 1 MiCA deadline. The authorisation covers tokenized bonds, equities, fund shares and structured products, and can be passported across all 27 EU member states. Taurus counts Deutsche Bank, State Street, Santander, KBC, CACEIS, Pictet and Swissquote among its clients. The firm says it already supports more than 40 major banks. The move strengthens institutional market plumbing for European tokenization as the European Central Bank is set to roll out tokenized settlement infrastructure in Q3 2026, accelerating the EU's push toward onchain capital markets.