Munich-based digital asset custodian Tangany has successfully closed a transformative €10 million Series A funding round led by major European banking institutions, marking a pivotal moment in Europe’s regulated cryptocurrency infrastructure evolution. This strategic investment positions Tangany as a cornerstone player in the continent’s rapidly expanding digital asset ecosystem, with explosive growth metrics and blue-chip institutional partnerships validating the platform’s market leadership.
Explosive Growth: From €400M to €3B Assets Under Custody
Tangany’s meteoric rise exemplifies institutional demand for regulated digital asset custody solutions. The company’s assets under custody experienced explosive 7.5x growth, surging from €400 million to over €3 billion. This remarkable expansion demonstrates Tangany’s ability to capture and service the burgeoning European digital asset market. Currently serving over 700,000 accounts across more than 60 institutional clients, Tangany has established itself as a trusted infrastructure provider for Europe’s leading financial platforms. The company doubled its revenue between 2022 and 2024, creating a robust foundation for sustained scalability and market expansion across European territories.
BaFin-Regulated Platform Prepares for EU-Wide MiCA Expansion
Tangany’s competitive advantage stems from its comprehensive regulatory compliance framework. As a BaFin-regulated digital asset custodian, Tangany is strategically positioned for EU-wide expansion under the Markets in Crypto-Assets regulation. This regulatory head start provides unprecedented opportunities to capture market share across European Union member states. The MiCA framework represents Europe’s most significant cryptocurrency regulation, establishing uniform standards for digital asset operations. Tangany’s early compliance positions the company to capitalize on regulatory harmonization, offering institutional clients seamless access to European markets through a single, compliant custody solution that meets stringent regulatory requirements.
Blue-Chip Client Portfolio Drives Market Leadership
Tangany’s client roster includes European fintech leaders FlatexDEGIRO, eToro, and Bitvavo, alongside other prominent institutions such as Finanzen.net ZERO. This blue-chip client base validates Tangany’s technical capabilities and regulatory excellence. The eToro partnership demonstrates Tangany’s institutional credibility, with eToro Germany transferring custody of all crypto assets to Tangany’s platform. Such high-profile partnerships create powerful network effects, attracting additional institutional clients seeking proven custody solutions. The quality of these partnerships reflects Tangany’s position as Europe’s premier regulated digital asset infrastructure provider, serving the continent’s most demanding institutional requirements.
Strategic Banking Partnerships Drive European Financial Integration
The Series A funding showcases extraordinary institutional support from Europe’s financial establishment. The round was led by Baader Bank, Elevator Ventures (Raiffeisen Bank International’s venture arm), and Heliad Crypto Partners, with continued support from existing shareholders HTGF and Nauta Capital. This funding represents strategic validation of Tangany’s vision and infrastructure capabilities. These banking partnerships provide unparalleled access to European financial networks, regulatory expertise, and institutional client relationships. The involvement of major European banks signals a fundamental shift in traditional finance’s approach to digital assets, recognizing regulated custody platforms like Tangany as essential infrastructure for financial system modernization.
Market Position and Future Strategic Outlook
Tangany operates at the critical intersection of innovation and compliance, uniquely positioned between digital advancement and institutional-grade regulatory adherence. With over €3 billion in digital assets secured for more than 700,000 accounts across 60+ institutional clients, Tangany has established market-leading scale that provides significant operational efficiencies. The Series A funding enables accelerated European expansion strategy, capitalizing on MiCA regulation implementation across EU member states. This strategic timing positions Tangany to capture first-mover advantages in newly regulated markets. As European institutions seek compliant digital asset custody solutions, Tangany’s established track record and regulatory approval provide compelling competitive differentiation for sustained growth.
Conclusion
Tangany’s €10 million Series A funding success represents European digital asset market maturation and institutional acceptance. With explosive growth from €400 million to €3 billion in assets under custody, strategic partnerships with industry leaders, and strong backing from major European banks, Tangany is positioned to define the future of regulated digital asset custody across Europe. As MiCA regulation transforms the European cryptocurrency landscape, Tangany stands ready to serve as the critical infrastructure connecting traditional finance with digital asset innovation.
Business model of tangany
| STRATEGIC ELEMENT | TANGANY ANALYSIS |
|---|---|
| How Company Started | Founded in Munich as BaFin-regulated digital asset custodian targeting European institutional market. Started with regulatory-first approach, securing German financial authority approval before scaling operations. Built infrastructure specifically for institutional-grade custody requirements from day one. |
| Present Condition | DOMINANT POSITION: €3 billion assets under custody, 700,000+ accounts, 60+ institutional clients. Revenue doubled 2022-2024. Blue-chip portfolio: FlatexDEGIRO, eToro, Bitvavo. Fresh €10M Series A from major European banks. BaFin-regulated with MiCA readiness. |
| Future of Company & Industry | EXPLOSIVE TRAJECTORY: EU-wide MiCA expansion imminent. European digital asset custody market projected to grow 300%+ by 2027. Tangany positioned as infrastructure backbone for continent’s $2 trillion+ digital asset transition. First-mover advantage in regulated EU markets. |
| Opportunities for Young Entrepreneurs | MASSIVE GAPS: Regulatory compliance tools, institutional DeFi bridges, cross-border custody solutions, institutional staking services, digital asset insurance, custody analytics platforms. European MiCA creates unprecedented fintech infrastructure demands requiring innovative solutions. |
| Market Share | EUROPEAN LEADER: Estimated 15-20% of regulated institutional crypto custody in Europe. Dominant in DACH region. Growing presence across 60+ institutional partnerships. Market leadership position strengthening through regulatory moats and banking partnerships. |
| MOAT (Competitive Advantage) | UNBREACHABLE FORTRESS: 1) BaFin regulatory approval (years to replicate), 2) €3B proven track record, 3) Blue-chip client validation, 4) Major bank partnerships, 5) MiCA early compliance, 6) Institutional-grade security infrastructure, 7) Network effects from premium client base. |
| Revenue Model | MULTI-STREAM DOMINANCE: Custody fees (primary revenue), transaction fees, institutional onboarding services, regulatory compliance solutions, white-label custody infrastructure. Recurring revenue model with expanding client AUM driving exponential growth potential. |
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