Alexey Utin (Tangany)
Overview
Alexey Utin is a prominent figure in the fintech industry, primarily recognized as one of the co-founders of Tangany, a blockchain infrastructure services company based in Munich, Germany. Founded in 2018 alongside Christopher Zapf and Martin Kreitmair, Tangany specializes in providing secure and regulated digital asset custody services. Alexey is credited with driving technological advancements within the company, which has positioned Tangany as a leader in digital asset security across Europe. Recent achievements include securing significant Series A funding to expand its services, underscoring the company's influence and innovation in the blockchain industry.
Recent Developments
In recent years, Alexey Utin and Tangany have been active in securing funding and expanding their operational capabilities, particularly focusing on compliance with the evolving regulatory landscape in Europe.
- September 2025: Tangany secured €10 million in a Series A funding round aimed at expanding its regulated crypto custody infrastructure across Europe in response to the European Markets in Crypto-Assets (MiCA) regulations. This round was led by Baader Bank, Elevator Ventures, and Heliad Crypto Partners, demonstrating strong institutional confidence in Tangany's capabilities.
- 2024–2025: Over this period, Tangany doubled its revenue and significantly increased its assets under custody, growing from €400 million to €3 billion.
- 2023: A notable milestone for the company was achieving BaFin licensure, allowing Tangany to serve over 60 institutional clients, including major financial and tech institutions like eToro and Bitvavo.
- 2022: Tangany raised €7 million in a seed round led by Nauta Capital, establishing a strong financial foundation for subsequent expansions.
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Alexey Utin |
| Born | (Information Not Available) |
| Nationality | German |
| Occupation | Co-Founder & CTO of Tangany GmbH |
| Known For | Blockchain Technology, Fintech Entrepreneurship |
| Net Worth | (Not Publicly Available) |
| Education | Städtische Fachschule für Elektro- und Informationstechnik |
Early Life and Education
Details about Alexey Utin’s early life and childhood are scarce, but his educational background reveals a focus on technical and engineering skills. He studied at the Städtische Fachschule für Elektro- und Informationstechnik, which likely provided him with the necessary foundation in electronics and information technology. His studies equipped him with the technical expertise that he would later employ in his professional ventures, particularly in the realm of blockchain technology and fintech innovations.
Career and Notable Achievements
Alexey Utin's career is distinguished by his contributions to the fintech and blockchain sectors, primarily through his work with Tangany, a company he helped co-found in 2018.
- 2018: Co-founded Tangany, focusing on blockchain infrastructure and development.
- 2019: Launched White-Label Custody and complementary cold wallet storage solutions.
- 2020: Tangany received financial backing from High-Tech Gründerfonds, fostering growth in digital asset custody.
- 2023: Under his technical leadership, Tangany achieved licensure from Germany’s BaFin, a crucial step in expanding their regulatory-compliant services across Europe.
Current Work and Impact
As of 2025, Alexey Utin continues to be a pivotal figure at Tangany, guiding the company through its regulatory and technological innovations. His work underpins Tangany's strategic expansion across Europe, emphasizing compliance-first solutions in the blockchain space. The company currently secures more than €3 billion in digital assets, reflecting its significant market presence and trust amongst institutional clients. Through his leadership and vision, Utin continues to influence the direction of digital asset management within the fintech industry.
Conclusion
Alexey Utin stands out as a significant contributor to the fields of fintech and blockchain technology. As a leader at Tangany, his innovative approaches to digital asset custody have not only enhanced the company’s profile but also advanced the broader industry by establishing secure, regulated, and scalable solutions. Looking forward, Tangany is well-positioned to continue its influence in Europe's digital finance landscape, with Alexey Utin at the helm of its technological evolution. His legacy will likely be defined by his commitment to innovation and compliance in an industry that is rapidly transforming.