Deutsche Bank-backed Taurus is set to tokenize the SME credit portfolio of Zurich-based Teylor, enabling investor access to small and medium-sized enterprise credit opportunities.
Teylor originates and manages SME loans through its Teylor credit platform, a suite of software modules designed for financial institutions to create, deliver, and scale digital credit products. Over the past three years, the firm has processed more than €3 billion in SME debt.
By utilizing Taurus’s infrastructure and the regulated TDX marketplace to tokenize a portion of its credit portfolio, professional private debt investors can now engage with returns through a secure blockchain-based secondary market. The TDX platform ensures that principal and interest are distributed monthly to security token holders.
Patrick Stäuble, CEO and founder of Teylor, stated, “Our credit portfolio of high-quality SME loans is funded through private transactions with large-cap financial institutions. We receive frequent inquiries from smaller family offices and individual professional investors who want to participate in our portfolio returns. However, the capital from this investor class is often insufficient for private transactions. With the introduction of the Teylor ledger-based security on the TDX platform, we can now provide a standardized investment product. Professional investors can easily open an account and trade our security token.”
Founded in 2018, Taurus offers enterprise-grade digital asset infrastructure for issuing, custody, and trading digital assets, including cryptocurrencies, tokenized assets, NFTs, and digital currencies.
Lamine Brahimi, managing partner and co-founder of Taurus, noted that private SME debt has traditionally been an illiquid asset class with limited access to secondary markets outside institutional investment. “The Teylor ledger-based security allows investors to commit smaller amounts and trade the token within our regulated TDX marketplace,” he explained. “Teylor fits well into our ecosystem of regulated financial services providers with a proven track record.”
Earlier this year, Deutsche Bank collaborated with Taurus to offer custody services for institutional clients’ cryptocurrencies and tokenized versions of traditional financial assets.