Tangany Secures €10 Million in Series A as German Custody Leader Eyes European Expansion

Tangany, a prominent German digital asset custody provider, has announced the successful closure of its €10 million Series A funding round, marking a significant milestone for the regulated platform. The financing was spearheaded by Baader Bank, with Elevator Ventures and Raiffeisen Bank International joining as co-investors, while Heliad Crypto Partners, HTGF, and Nauta Capital rounded out the backing consortium.

The custody firm currently oversees more than €3 billion in assets across its platform and maintains relationships with over 60 institutional clients, collectively managing more than 700,000 accounts. This substantial operational scale underscores Tangany’s established position within the European digital asset infrastructure landscape.

Regulated by BaFin, Germany’s financial authority, Tangany is leveraging the fresh capital to accelerate its pan-European growth strategy under the framework of the EU’s Markets in Crypto-Assets (MiCA) regulation. This regulatory alignment positions the firm to expand beyond its German market, capturing opportunities across jurisdictions increasingly adopting standardized crypto asset governance.

The funding injection builds upon Tangany’s earlier €7 million seed round completed in 2020, demonstrating consistent investor confidence in the company’s custody model and market execution. As institutional participation in digital assets continues to mature across German coins and broader European markets, custody infrastructure providers like Tangany are becoming essential pillars for institutional adoption.