Tangany: Crypto custody from Munich on growth path
- Munich-based crypto custodian Tangany has successfully completed a €10 million Series A round. It was led by Baader Bank, Elevator Ventures / Raiffeisen Bank International, and Heliad, with participation from existing investors HTGF and Nauta Capital.
- Assets under custody have increased from €400 million to over €3 billion since 2022. Today, Tangany manages more than 700,000 client accounts with over 60 institutional partners. Among these well-known partners are FlatexDEGIRO, eToro, and Bitvavo.
- Tangany is BaFin-licensed and plans to expand across the EU under the new MiCAR regulation. The company aims to strengthen its position as a leading provider of regulated crypto infrastructure in Europe.
- Co-founder Martin Kreitmair emphasizes that the Series A round is “more than just capital” and, above all, a vote of confidence from established financial institutions that provide stability and strategic vision. At the same time, he underscores Tangany's independence and its ambition to become an integral part of the European financial system.
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Eine Quelle: btc-echo.de
