Tangany receives €10 million financing to build a regulated cryptocurrency backbone in Europe

Tangany, a digital custodian regulated by the German Federal Financial Regulatory Authority (BaFin), has completed a €10 million Series A funding round led by Baader Bank, Elevator Ventures and Heliad Crypto Partners. The Munich-based company currently holds over €3 billion in digital assets with over 60 institutional clients and 700,000 accounts and positions itself as an early stage custodian that complies with MiCA standards. This funding will be used to support its expansion and platform development given the growing demand for regulated digital asset services from European institutions.