Taurus Launches Credit Tokenization for German SMEs: A New Asset Class

Switzerland-based fintech firm Taurus has introduced credit tokenization as a novel asset class for small and medium-sized enterprises (SMEs) in Germany. This move aims to offer SMEs an alternative way to raise capital and liquidity, while also providing investors with diversified investment opportunities. Through tokenization, a form of blockchain technology, the credit assets of SMEs can be converted into tokens, which can then be traded and invested in by interested parties. Taurus is initially focusing on the German market due to Germany’s robust SME sector, which is a significant contributor to the country’s economy. The company believes that credit tokenization can help SMEs overcome the challenges of traditional financing methods, such as limited availability and high costs. By leveraging the benefits of blockchain technology, Taurus aims to revolutionize the way SMEs access funding and expand their businesses.