Digital asset custody company Tangany completes €10 million Series A funding round


 Tangany, a digital asset custody service provider based in Munich, has completed a €10 million Series A financing round. The lead investors are Baader Bank from Germany, Raiffeisen Bank International from Austria, Elevator Ventures from the risk investment institution of Elevator Ventures, and Heliad Crypto Partners from Heliad AG digital asset investment institution. HTGF and Nauta Capital also participated. The company is currently regulated by the Federal Financial Supervisory Authority (BaFin) in Germany and provides custody services for crypto trading platforms such as eToro and Bitvavo. The new funds will support the optimization of its European financial infrastructure.