Tangany Secures €10M for EU Crypto Expansion

September 2, 2025 • FinTech News
Tangany Secures €10M for EU Crypto Expansion

German digital asset custodian Tangany has strengthened its market position by raising €10 million in a Series A funding round. This investment solidifies its role as a regulated leader in Europe’s crypto custody sector. Significantly, the round was led by major financial institutions: Baader Bank, Elevator Ventures (the venture arm of Raiffeisen Bank International), and Heliad Crypto Partners. Furthermore, existing investors HTGF and Nauta Capital continued their backing.

This funding represents a major milestone for the BaFin-licensed company. Consequently, Tangany is now preparing for expansion across the European Union under the forthcoming MiCA regulatory framework. Since its €7 million Seed round in 2022, the company has demonstrated impressive growth. Specifically, it has doubled its revenues and increased its assets under custody to $3 billion. Today, Tangany manages more than 700,000 accounts for over 60 institutional clients, including major names like FlatexDEGIRO, eToro, and Bitvavo.

Building Trust and Infrastructure

CEO and co-founder Martin Kreitmair described the investment as a strong sign of institutional trust. He highlighted that the new shareholders are all established European financial institutions. Moreover, Kreitmair emphasized that Tangany’s vision extends beyond just capital. The company is focused on building reliable infrastructure to help banks and fintechs access blockchain services securely.

Strategic Partnerships and Future Goals

With this new capital, Tangany has strengthened its partnerships with Baader Bank and Elevator Ventures. Additionally, it signals a clear intent to bring more like-minded institutions into its growing ecosystem. A key focus will be expanding its white-labelled blockchain API. This tool enables traditional financial institutions to seamlessly integrate crypto custody into their existing services.

As the MiCA framework brings unified regulations to Europe, Tangany is positioning itself for a central role. The company aims to provide compliant, institutional-grade custody for digital assets across the continent. Ultimately, with new funding, strong partnerships, and regulatory clarity on the horizon, Tangany is gearing up to become a cornerstone of Europe’s evolving digital finance ecosystem.