Tangany
Overview
Tangany is a German fintech company focusing on digital asset custody solutions. Founded in 2018 by Christopher Zapf, Alexey Utin, and Martin Kreitmair, it provides regulated solutions for the safekeeping of digital assets like cryptocurrencies, tokenized securities, and NFTs. Headquartered in Munich, Tangany has raised a total of $19.3 million in funding from investors like Nauta Capital, HTGF, and Baader Bank. The company emphasizes accessibility, empowerment, and innovation in digital finance, aiming to integrate digital assets into mainstream financial infrastructures.
Recent Developments
- September 2025: Tangany closed a €10 million Series A funding round, led by Baader Bank, Elevator Ventures, and Heliad Crypto Partners. This funding will support Tangany's EU-wide expansion under the Markets in Crypto-Assets (MiCA) regulation, solidifying its position in Europe's financial ecosystem.
- 2024-2025: Tangany has grown significantly, with over €3 billion in digital assets under custody. It serves more than 700,000 customer accounts and over 60 institutional clients, including prominent names like eToro and FlatexDEGIRO.
- 2023: Tangany aligned itself with pending MiCA regulations and aimed to become one of the first custodian firms to comply fully with EU standards, reinforcing its competitive edge.
- 2022: The company had a Seed round of €7 million, marking substantial growth as digital assets under custody have grown 7.5 times since then.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2018 |
| Headquarters | Munich, Germany |
| Founders | Christopher Zapf, Alexey Utin, Martin Kreitmair |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | Baader Bank, HTGF, Nauta Capital |
| Industry | Fintech/Digital Asset Custody |
| Number of Employees | Around 50 |
Early History
Founded in 2018, Tangany quickly established itself as a pioneer in Germany's burgeoning fintech sector. The company set out to provide a white-label platform for digital asset custody, allowing institutions to securely manage cryptocurrencies and other digital assets. Tangany differentiated itself by obtaining a license from Germany's financial supervisory authority (BaFin), which enabled it to offer regulated services and ensured compliance with stringent security standards. This regulatory compliance gave Tangany a crucial advantage in building trust with major fintech firms.
Company Profile and Achievements
Tangany's primary service is a cloud-based, API-first custody solution known as the Tangany Custody Suite. This service offers:
- Wallet-as-a-Service (WaaS): Provides secure storage for private keys using Hardware Security Modules.
- Comprehensive Asset Support: Integrates support for over 250 cryptocurrencies, stablecoins, tokenized assets, and NFTs.
- Institutional Integration: Allows financial clients to integrate custody solutions seamlessly into their existing systems via APIs.
- Regulatory Compliance: With the impending MiCA regulation, Tangany is working on becoming fully compliant, creating a solid foundation for future growth.
Key milestones include securing major partnerships with firms like eToro and achieving a significant increase in assets under custody.
Current Operations and Market Position
Tangany remains at the forefront of digital asset custody in Europe. By securing strategic partnerships and continuously enhancing its service offerings, the company has solidified its role as an essential infrastructure provider in the digital finance landscape. As the EU moves toward comprehensive regulatory frameworks under MiCA, Tangany's licensed status positions it advantageously to meet the evolving demands of the market.
Conclusion
Tangany stands as a crucial player in Europe's digital asset custody market, thanks to its innovative solutions and regulatory foresight. With continued growth in assets under custody and strategic expansion initiatives across Europe, Tangany is well-placed to influence the future of regulated digital finance. As one of the first custodians aligning with MiCA, its efforts in democratizing financial access through advanced technology continue to shape the industry's landscape.