Swiss institutional crypto infrastructure firm Taurus SA has been expanding its presence in Europe with the opening of two new offices in the United Kingdom and France.
In a Thursday blog post, the company said it has appointed former Bank of America executive Jürgen Hofbauer and SAP veteran Arnaud Fleischer to lead the new offices.
While Europe has already been Taurus' primary market, the move is intended to bring the firm's services closer to its partners, capitalizing on the increasing institutional interest from banking and corporate clients, as noted in the company's statement.
Jürgen Hofbauer brings over 15 years of experience in the traditional finance and fintech sectors to Taurus.
He has held leadership positions at various fintech firms and spent a decade at Bank of America, most recently serving as its EMEA Head of Sales.
"Leading Taurus' UK office and strategic partnerships globally is an exciting opportunity," said Hofbauer.
"The global financial landscape here is undergoing a remarkable transformation, with digital assets gaining prominence. We eagerly anticipate collaborating with regional stakeholders, global partners, and clients to drive innovation together."
Arnaud Fleischer, with over 15 years of B2B sales experience, joins Taurus from his previous roles at Salsify, Alkemics, and SAP.
In a statement, Fleischer emphasized the growing acceptance of digital assets in Europe and Taurus' role in providing a premier platform for clients to engage in this space.
"I'm looking forward to leading Taurus' expansion in Europe and consolidating Taurus' exceptional track record in the region," he said.
In addition to the new London and Paris offices, Taurus has plans for further expansion across Europe, subject to
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