Crypto custodian Taurus moves straight into EU capital markets with MiFID license in Cyprus
Burns Brief
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 Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
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.
Key Takeaways
- 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