Information on the Target
Tangany is a leading digital asset custodian that leverages proprietary technology to provide reliable, scalable, and secure white-label custody solutions for digital assets on the blockchain. Since its inception, the company has attracted significant institutional interest and has established itself as a key player in the digital asset space.
In August 2025, Tangany achieved a major milestone by becoming one of the first MiCA-regulated custodians in Europe. The company currently oversees digital assets valued over €3 billion, having experienced substantial growth in its customer base, now exceeding 700,000 accounts across more than 60 institutional clients.
Industry Overview in the Target’s Specific Country
The digital asset industry in Europe has experienced rapid evolution over recent years, driven by the increasing demand for cryptocurrency and blockchain technology solutions among financial institutions and individual investors. This growth is supported by a move towards regulatory clarity, with frameworks like the MiCA (Markets in Crypto-Assets) regulation providing a structured approach to managing digital assets within the financial ecosystem.
As European authorities implement comprehensive regulations to govern digital assets, custodians play an essential role. Institutions require secure solutions that comply with evolving legal requirements, which has prompted a rising number of institutional partnerships within the region. This trend fortifies the importance of regulated custodians such as Tangany that can offer scalability, security, and compliance.
The surge in adoption of digital assets among European financial institutions has highlighted a strong appetite for institutional-grade crypto custody solutions, allowing firms to safely manage their holdings while reducing risks of fraud and mismanagement. Tangany's successful growth trajectory exemplifies the increasing reliance on such trusted custodial services.
With Europe positioning itself as a leader in the digital asset industry, firms prioritizing compliance and secure infrastructure, like Tangany, are set to gain a competitive edge in attracting a diverse range of clients, from traditional financial institutions to crypto-native businesses.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
The Rationale Behind the Deal
This recent €10 million Series A funding round signifies a robust endorsement of Tangany’s growth and operational capabilities. Led by prominent investors including Baader Bank, Elevator Ventures, and Heliad Crypto Partners, alongside continued support from existing investors Nauta and HTGF, the capital raised will enhance Tangany's product offerings and expand its market footprint.
The deal reflects a growing confidence in the digital asset market, particularly within the regulatory framework of Europe. By securing this funding, Tangany is well-positioned to tackle the complexities accompanying the surge in demand for regulated digital asset custody solutions, ultimately driving further innovation and service diversification.
Information About the Investor
Baader Bank, established as a key player in the European financial services landscape, is known for its focus on providing investment banking, brokerage, and asset management services. Their involvement in this funding round underscores their commitment to supporting innovative ventures in the fintech and digital asset sectors.
Elevator Ventures, the venture capital arm of Raiffeisen Bank International, is dedicated to investing in disruptive technology startups that demonstrate significant growth potential. Their strategic partnership with Tangany signals a strong alignment with the evolving financial technology landscape, especially in terms of developing secure and regulated digital asset solutions.
View of Dealert
This investment in Tangany marks a promising opportunity within the rapidly growing digital asset custodial market. Given the company’s significant growth trajectory and regulatory advancements, it has established a solid foundation to capitalize on ongoing market shifts. The growth from €400 million to over €3 billion in assets under custody represents an impressive expansion that reflects strong market validation and the increasing necessity for sophisticated custodial solutions.
Furthermore, Tangany's successful navigation of regulatory complexities has positioned it as a trusted provider amidst a competitive landscape. As adoption continues to grow, Tangany’s infrastructure and partnerships suggest it will play a crucial role in transforming how institutional clients manage digital assets securely.
However, as with any investment, potential stakeholders should remain cognizant of the inherent risks in the digital asset sector. While the current trajectory appears favorable, ongoing regulatory dynamics and market volatility could impact growth. Nonetheless, the expected trajectory of the digital asset market, coupled with Tangany’s robust operational framework, suggests this could be a sound investment opportunity for those looking to engage in the evolving financial ecosystem.
In conclusion, Tangany emerges as a significant player within the European digital asset infrastructure, and ongoing investment support will likely enhance its growth potential. This deal not only marks a vital step for the company but also reflects broader institutional confidence in the future of regulated digital asset management.
Similar Deals
Baader Bank, Elevator Ventures/Raiffeisen Bank International, Heliad Crypto Partners → Tangany
2025
Mast family (Jägermeister), BONVENTURE, IBB Ventures → bcause
2024
yabeo, Force over Mass Capital, Tokentus, ConsenSys → Adhara
2023
Advent International and Bain Capital → Ratepay GmbH
2023
Transamerica Ventures and IBB Beteiligungsgesellschaft → fairr.de
2023
Baader Bank, Elevator Ventures, Heliad Crypto Partners
invested in
Tangany
in 2025
in a Series A deal
Disclosed details
Transaction Size: $10M