Tangany Raises €10 Million in Series A Funding

Tangany, a platform for regulated and secure digital asset custody, led by Martin Kreitmair, Christopher Zapf, Alexey Utin, Heinrich Polke, and Marcel Nellesen, has secured €10 million Series A, led by Baader Bank, Elevator Ventures(Raiffeisen Bank International), and Heliad Crypto Partners, with continued support from HTGF and Nauta Capital. This round marks Tangany’s evolution from a high-growth startup into a core part of Europe’s regulated financial infrastructure. With clients including FlatexDEGIRO, eToro, Bitvavo, and Finanzen.net ZERO, the company is cementing its place among Europe’s leading digital asset players.

Since raising its €7 million Seed Round led by Nauta Capital in 2022, Tangany has scaled rapidly. The company now safeguards over €3 billion in digital assets under custody, powering more than 700,000 customer accounts across leading financial institutions and digital asset platforms.

Between 2022 and 2024, Tangany doubled its revenue and built a strong organizational foundation to support both rising demand and regulatory requirements. This growth trajectory positions Tangany to align seamlessly with MiCA, reinforcing its role as one of Europe’s premier regulated crypto custody providers.

Tangany has deepened its footprint in the financial sector, expanding its long-standing partnership with Baader Bank and launching a collaboration with Elevator Ventures / Raiffeisen Bank. These strategic alliances mark the start of a new chapter—working with carefully selected institutions that share our long-term vision.

Looking ahead, Tangany will continue to onboard a limited number of like-minded banking partners, building an ecosystem where trusted institutions naturally join us in shaping the future of regulated digital asset infrastructure across Europe.