Tangany Secures $10M Series A for Digital Asset Custody Platform

Tangany, the Munich-based fintech company, has secured $10,000,000 in a recent funding round from investors. This significant capital injection underscores investor confidence in Tangany's market-leading position within the digital asset custody sector and its future growth trajectory. The investment will enable the company to accelerate its strategic objectives. Tangany specializes in providing a highly innovative B2B solution for the custody of digital assets, including cryptocurrencies, tokenized securities, and NFTs, across various blockchain networks. The company's robust platform is currently utilized by more than 60 institutional customers, leveraging its expertise as a regulated entity by the German federal financial supervisory authority (BaFin). Its status as a licensed provider offers a crucial layer of trust and compliance in the evolving digital asset landscape. The company's core offering is an API-driven white-label solution that allows customers to integrate blockchain protocols into their existing systems easily and reliably. This approach significantly reduces the time and cost associated with proprietary developments, facilitating quick market readiness and simplifying the experience for end customers. Tangany's German license for crypto custody can also cover regulatory requirements for its clients, offering a comprehensive and compliant service. This new funding round is crucial for Tangany as it aims to expand its operational capabilities and market reach. The company plans to use the funds for growth initiatives, including enhancing its technology infrastructure, expanding its team, and exploring new markets to further solidify its leadership in the digital asset custody space. The capital will support its ongoing commitment to innovation and security. Looking ahead, Tangany is poised to build upon its strong foundation, driving continued innovation in digital asset custody. The company aims to further scale its solutions and expand its institutional client base, positioning itself for sustained growth within the global blockchain and fintech ecosystems.