Deals & Cases

Schellenberg Wittmer advises Credit Suisse on its strategic partnership with Taurus

14.02.2023

Schellenberg Wittmer advised Credit Suisse on its strategic partnership with Taurus and on its investment as lead investor in Taurus' Series B financing round. Taurus is the leading digital asset infrastructure provider for financial institutions in Europe.

The strategic partnership with Taurus is a cornerstone of the Swiss Bank division's digital assets strategy with the ambition of becoming the leading Swiss bank in the space. This partnership deepens an already existing collaboration, focusing on jointly developing use cases, as well as applying distributed ledger technology and smart contracts.

The partnership constitutes a key step for Credit Suisse to further participate in the emerging digital assets ecosystem, acquire technical capabilities, and co-develop and exploit market opportunities arising from strategic applications of distributed ledger technology across businesses.

The Schellenberg Wittmer team consisted of Christoph Vonlanthen (overall lead), Grégoire Tribolet and Dany Sousa Ribeiro (Banking & Finance), Alexander Zundel and Sophie Bastardoz (Corporate/M&A), Samuel Klaus and Kenzo Thomann (ICT), Lorenza Ferrari Hofer (Intellectual Property), as well as Vincent Carron and Christophe Chatelanat (Employment).

 

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