Taurus and SupraOracles join Mastercard’s inaugural crypto accelerator

Mastercard’s inaugural Start Path program is a global acceleration program designed to support fast-growing digital assets, blockchain and cryptocurrency companies. Through the program, Mastercard seeks to expand and accelerate innovation around digital asset technology and make it safer and easier for people and institutions to buy, spend and hold cryptocurrencies and digital assets.

The first program will see the participation of seven startups from four countries including Switzerland. The selected startups are developing solutions to address a wide range of challenges including asset tokenization, data accuracy, digital security and seamless access between the traditional and digital economy. During the program, each team will leverage Mastercard’s expertise to support the continued growth and development of their solutions.

The two Swiss startups from Switzerland are:

Taurus
The Geneva-based startup delivers enterprise-grade infrastructure to manage any digital asset with one single platform, including crypto assets, digital currencies and tokenized assets covering issuance, custody, asset servicing and trading. Its Taurus’ Digital eXchange “TDX is the first marketplace in the world to instantly connect banks, issuers and investors to exchange any digital asset. Early this year, Taurus received a securities firm (Wertpapierhaus/maison de titres) license by FINMA, allowing it to operate an organized trading facility as per art. 42 of the FINMA.

SupraOracles
Founded in 2017, as a project of the Entropy Foundation, SupraOracles is a powerful blockchain oracle that helps businesses bridge real-world data to both public and private chains, enabling interoperable smart contracts to automate, simplify and secure the future of financial markets. This SaaS unit, a multi-helix ledger and DeFi applications designed for developers globally, is focused on the application of the SupraOracles technology within traditional finance and data services. The API and front-end bespoke models are tailor-fit to enterprise clients’ needs thanks to the acumen of the startup’s team.

(Press release/RAN)