German digital asset custody firm Tangany completes €10 million Series A financing round
ChainCatcher reported that German digital asset custody company Tangany has completed a €10 million Series A financing round, led by Baader Bank, Elevator Ventures/Raiffeisen Bank International, and Heliad Crypto Partners, with continued support from HTGF and Nauta Capital.
Tangany is regulated by the German securities regulator Bafin. The company stated that it is preparing to expand across Europe in accordance with the EU MiCA regulations. Tangany reported that its assets under custody exceed €3 billion, serving more than 700,000 accounts for over 60 institutional clients. Tangany previously completed a €7 million seed round in 2020.
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