Tangany Secures €10M to Build Europe’s Regulated Crypto Backbone

Tangany, a BaFin-regulated digital asset custodian based in Munich, has successfully completed a €10 million Series A funding round. The round was led by Baader Bank, Elevator Ventures—the venture capital arm of Raiffeisen Bank International—and Heliad Crypto Partners, with additional support from existing shareholders High-Tech Gründerfonds (HTGF) and Nauta Capital. This marks a pivotal step in the company’s evolution from a high-growth fintech startup to a cornerstone of Europe’s regulated financial infrastructure. The new investors represent a diverse set of institutional stakeholders, reinforcing Tangany’s strategic integration into the European financial ecosystem and enhancing its governance profile.

Since its €7 million seed round in 2022, Tangany has experienced exponential growth. The company now holds over €3 billion in digital assets under custody, serving a network of more than 60 institutional clients and 700,000 customer accounts across Europe. This expansion has been driven by increasing demand for regulated custody solutions, particularly as the European Union moves toward the implementation of the Markets in Crypto-Assets (MiCA) regulation. Tangany is positioning itself as one of the first custodians fully compliant with MiCA, ensuring a competitive edge in the evolving digital asset landscape.

Tangany’s white-label custody solution enables financial institutions to integrate blockchain technology into their products via API, reducing development time and costs while adhering to regulatory standards. This solution is already in use by prominent clients such as eToro, Bitvavo, FlatexDEGIRO, and Finanzen.net ZERO. The company's ability to deliver scalable and secure custody services has driven significant revenue growth, with the firm doubling its revenue between 2022 and 2024. This financial performance underscores Tangany’s capacity to meet institutional demand and its long-term scalability.

The new funding round not only provides capital but also serves as a signal of institutional confidence in Tangany’s infrastructure and regulatory maturity. Baader Bank’s Deputy CEO, Oliver Riedel, emphasized the firm’s belief in Tangany’s role in shaping the future of digital asset custody in Europe, stating that the company has demonstrated the technological and regulatory depth necessary to serve institutions at scale. Elevator Ventures’ Managing Director, Thomas Muchar, highlighted Tangany’s unique positioning at the intersection of digital innovation and institutional-grade compliance, reinforcing the firm's commitment to supporting the next phase of its expansion.

Looking ahead, Tangany plans to selectively add new banking partners who align with its vision and values. These partnerships are expected to further solidify its role as a trusted infrastructure provider for regulated institutions. The company also aims to continue developing its platform to meet the growing needs of the European market as MiCA is implemented. With a regulatory-first approach and a rapidly growing institutional client base, Tangany is well-positioned to become a foundational component of the continent’s digital asset ecosystem.

Source:

[1] Tangany Raises €10 Million in Series A with Leading... (https://tangany.com/blog/tangany-raises-10-million-euro-in-series-a-round)

[2] German FinTech startup Tangany raises €10 million for the... (https://www.eu-startups.com/2025/09/german-fintech-startup-tangany-raises-e10-million-for-the-custody-of-digital-assets-on-the-blockchain/)

[3] Goodwin Advises Fintech TANGANY on Series A... (https://www.goodwinlaw.com/en/news-and-events/news/2025/09/announcements-privateequity-goodwin-advises-fintech-tangany)

[4] Tangany: €10 Million Series A Raised For Regulated... (https://pulse2.com/tangany-e10-million-series-a-raised-for-regulated-digital-asset-infrastructure/)

[5] German Fintech Tangany Secures €10M to Expand Regulated... (https://finance.yahoo.com/news/german-fintech-tangany-secures-10m-151059962.html)

[6] Tangany secures EUR 10 million in Series A round (https://thepaypers.com/crypto-web3-and-cbdc/news/tangany-secures-eur-10-million-in-series-a-round)