Tangany Raises €10M to Expand BaFin-Regulated Crypto Custody Across Europe - Coinedict

German fintech Tangany secures €10M to scale regulated crypto custody services, safeguarding €3B in assets for 60+ institutions ahead of MiCA rollout.

Munich-based fintech Tangany has secured €10 million in Series A funding to strengthen its position as one of Europe’s leading regulated crypto custody providers. The raise comes at a pivotal moment, with the Markets in Crypto-Assets (MiCA) regulation set to establish a unified framework for digital assets across the continent.

Key Highlights

• Tangany raises €10M Series A to scale BaFin-regulated custody solutions.
• Safeguards €3 billion in digital assets across 700,000+ accounts.
• Trusted by 60+ institutional clients, including eToro, Bitvavo, and FlatexDEGIRO.
• Backed by Baader Bank, Elevator Ventures, Heliad Crypto Partners, and existing investors.

Institutional Confidence Boosts Tangany’s Growth

The funding round drew support from top financial institutions, including Baader Bank, Elevator Ventures (Raiffeisen Bank International’s VC arm), and Heliad Crypto Partners. Existing backers HTGF and Nauta Capital also doubled down.

CEO and co-founder Martin Kreitmair called the raise a strong endorsement:

“This isn’t just about funding — it’s a clear signal of institutional trust in Tangany’s infrastructure. We’re proud to remain independent while aligning with Europe’s financial leaders.”

From Startup to Custody Powerhouse

Founded in 2018, Tangany offers white-label custody services for cryptocurrencies, tokenized securities, and NFTs under Germany’s BaFin license. Its platform plugs into institutional products via API, enabling seamless blockchain integrations.

Since raising €7M in 2022, Tangany’s growth has skyrocketed:

• Revenue more than doubled.
• Assets under custody surged from €400M to €3B (7.5x growth).

Preparing for MiCA

With MiCA regulation on the horizon, Tangany is positioning itself as a compliance-first digital asset custodian. The company plans to expand partnerships with European banks, further cementing its role as a key infrastructure provider.

Industry leaders see Tangany as a long-term player:

• Oliver Riedel, Baader Bank: “Tangany has the regulatory maturity and technological depth to serve institutions at scale.”
• Thomas Muchar, Elevator Ventures: “Balancing innovation with compliance is Tangany’s foundation for European expansion.”

Europe’s Custody Race Heats Up

Tangany’s momentum reflects a larger industry shift. Big names like Deutsche Bank are moving into crypto custody, with its own custody platform set to launch in 2026 through partnerships with Bitpanda Technology and Taurus SA.

As regulation and institutional demand converge, Europe is emerging as a global hub for secure, regulated digital asset custody — and Tangany is at the forefront.