Tangany, the BaFin-regulated digital asset custodian based in Munich, has raised €10 million in Series A funding. The round was led by Baader Bank, Elevator Ventures (venture arm of Raiffeisen Bank International), and Heliad Crypto Partners, with continued support from HTGF and Nauta Capital. This milestone reflects both strong investor appetite and growing institutional confidence in regulated crypto infrastructure.

Scaling Infrastructure in a Rapidly Evolving Market

Tangany has quickly become a trusted partner for institutions navigating blockchain adoption. Today, the company powers more than 60 institutional clients - including eToro, FlatexDEGIRO, Bitvavo, and Finanzen.net ZERO - with white-label APIs for secure digital asset custody. Assets under custody have soared from €400 million in 2022 to more than €3 billion, backed by over 700,000 active customer accounts.

This trajectory has been fueled by a market shift: banks and financial services are no longer treating digital assets as a fringe experiment but as part of core infrastructure. By doubling revenue between 2022 and 2024, Tangany has shown that regulatory-first solutions can generate both growth and durability. And here lies a crucial insight for founders - when building in highly regulated industries, speed alone is rarely the winning edge. The real leverage comes from becoming the bridge others must walk across. Tangany didn’t just offer custody; it built compliance into the very DNA of its product, turning regulation from a hurdle into a moat. That shift in mindset - from “navigating rules” to “owning the rules” - is what allows startups to transform from optional vendors into irreplaceable infrastructure.

Strategic Alignment with Institutions

The investor lineup in this Series A validates that approach. Baader Bank, Elevator Ventures, and Heliad Crypto Partners bring not just capital but credibility, governance, and a direct channel to traditional finance. Their involvement elevates Tangany beyond a startup into a regulated custodian trusted at the same level as legacy institutions.

Returning backers HTGF and Nauta Capital also reaffirmed their commitment, signaling that Tangany is delivering on its roadmap and de-risking execution in a market notorious for volatility. With heavyweight investors and consistent performance, Tangany is moving from early traction to scaling with institutional backing that matters.

Positioning Ahead of MiCA

With the EU Markets in Crypto-Assets (MiCA) regulation set to reshape digital asset markets, Tangany’s BaFin license puts it in an enviable position. It is preparing to be among the first fully compliant custodians across Europe. This isn’t just regulatory box-ticking; it’s about readiness. Financial institutions that have been cautious about entering the crypto space will need secure, compliant partners, and Tangany is lining up to be the obvious choice.

The fresh €10 million will fuel expansion of Tangany’s custody platform, strengthen its compliance readiness, and scale operations across Europe. By embedding itself as a MiCA-compliant custodian, the company is positioning to capture demand at the precise moment regulation shifts from debate to enforcement.

Beyond Custody: A Foundational Layer for Finance

Already trusted by some of Europe’s biggest financial platforms, Tangany is on track to become the default digital asset custodian for institutions. What makes the company’s model stand out is not only the technology but the trust infrastructure layered around it. By integrating compliance, governance, and seamless integration APIs, Tangany has reduced the adoption barrier for its clients.

This blend of security and simplicity is key in fintech: the best products don’t just innovate, they neutralize the fears that keep entire industries from moving forward. For Tangany, that means making regulated finance feel safe in digital assets - an accomplishment with ripple effects across Europe’s financial system.

The Road Ahead

Tangany’s next phase is about scaling responsibly. With the new capital, the company will invest in stronger infrastructure, expand its institutional footprint, and deepen collaborations with banks and fintech platforms. If successful, Tangany won’t just be another custodian; it will serve as the backbone of Europe’s regulated digital asset economy.

In a sector where hype cycles rise and crash, Tangany’s steady, regulation-first model offers a blueprint for how fintech startups can evolve into critical infrastructure. By aligning timing, regulation, and trust, the company is shaping the path for digital assets to move from experimental to essential.