Taurus adds Kaiko pricing and liquidity feeds as it expands infrastructure for global banks

Quick Take

Taurus provides digital asset infrastructure to banks like State Street and Deutsche Bank, while Kaiko offers institutional investors market data, pricing services, DeFi data, and more.

Switzerland-based fintech company Taurus is partnering with crypto data firm Kaiko, giving institutions "regulator-ready market information to support their digital asset activities," according to a release shared with The Block.

Kaiko sources and standardizes data from over 100 centralized and decentralized venues. Through this integration, the firm's pricing and liquidity data will be available directly on the Taurus platform.

Taurus, founded in 2018, provides digital asset infrastructure to nearly 40 banks like State Street and Deutsche Bank. Last month, the firm opened its first U.S. office. Kaiko, founded in 2014, offers institutional investors market data, pricing services, DeFi data, and more.

"At Taurus, we are committed to giving financial institutions the strongest possible foundation for their digital asset strategies," CMO Victor Busson said in the release. "With Kaiko's data services integrated into our platform, clients gain direct access to reliable market information that improves transparency and supports their compliance requirements."

Consolidated data lowers operational costs, improves valuation processes, and strengthens risk and compliance frameworks, the firms wrote in the release.

"Market data is the foundation of every digital asset transaction," said Kaiko COO Elodie De Marchi. "By partnering with Taurus, we are embedding our data into a trusted infrastructure already used by leading banks and financial institutions. Together, we are enabling the industry to move forward with the transparency and standards it requires."

Taurus is a provider of enterprise-grade solutions for issuing, storing, and trading cryptocurrencies, tokenized assets, and NFTs. It also operates a marketplace for private assets and tokenized securities. The firm raised $65 million in a Series B round in 2023, led by Credit Suisse, to accelerate international expansion and product development.

For its part, Kaiko closed a $53 million Series B funding round in 2022 after raising a $24 million Series A round in 2021.

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