Digital asset custody company Tangany completes €10 million Series A funding round

Odaily Planet Daily reported that Tangany, a Munich-based digital asset custody service provider, announced the completion of a €10 million Series A financing round. The investment was led by Baader Bank of Germany, Elevator Ventures, a venture capital firm under Raiffeisen Bank International, and Heliad Crypto Partners, a digital asset investment firm of Heliad AG, with participation from HTGF and Nauta Capital. The company is currently regulated by the German Federal Financial Supervisory Authority (BaFin) and provides custody services to crypto trading platforms such as eToro and Bitvavo. The new funds will support its optimization of European financial infrastructure.