Digital Asset Custodian Tangany Completes €10 Million Series A Financing

According to Jinse Finance, Munich-based digital asset custody service provider Tangany has announced the completion of a €10 million Series A financing round. The round was led by Baader Bank, Elevator Ventures (the venture capital arm of Austria's Raiffeisen Bank International), and Heliad Crypto Partners, the digital asset investment arm of Heliad AG. HTGF and Nauta Capital also participated. The company is currently regulated by the German Federal Financial Supervisory Authority (BaFin) and provides custody services for crypto trading platforms such as eToro and Bitvavo. The new funding will support the optimization of Europe's financial infrastructure.