Munich-headquarters of Digital Association, Tanganía, has raised 10 million euros in a series A round to climb its regulated cryptographic custody infrastructure in Europe, as the continent is opened for the deployment of markets in the regulation of crypto-active (Mica).
Key control:
- Tanganía raised 10 million euros to expand its cryptographic custody services regulated by Bafin before the implementation of Mica in Europe.
- The company now obtains more than € 3 billion in digital assets for more than 700,000 accounts in more than 60 institutional clients.
- Backed by the main European financial institutions, Tanganía is positioning itself as a main custodian compliance in the region.
The round obtained the support of several heavyweight investors, including Baader Bank, Elevator Ventures (Raiffesen Bank International Risk Capital Arm) and Heliad Crypto Partners, a Heliad AG division.
Existing sponsors such as HTGF and Nauta Capital also participated, which reaffirmed confidence in the growth strategy of Tanganía.
Tanananas offers white label custody regulated by BAFIN for cryptographic and tokenized assets
Founded in 2018, Tangany operates as a Fintech regulated by BAFIN that provides white label custody solutions for cryptocurrencies, tokenized values and NFT.
Currently, its technology is used by more than 60 institutional clients, including Etoro, Bitvavo, Finanzen.net Zero and FlatexdeGiro, which allows them to integrate Blockchain’s functionality directly into their products through API.
The CEO and co -founder Martin Kreitmair said the increase represents more than only capital. “It is a strong sign of institutional trust in the vision and infrastructure of Tanganía,” he said.
“We are proud to remain totally independent while we live our shareholders base with the main financial institutions in Europe.”
The Tanga custody platform currently obtains more than 3 billion euros in digital assets and admits more than 700,000 client accounts.
Since its round of € 7 million in 2022, directed by Nauta Capital, the company has more to double its income and the assets cultivated in custody 7.5x, from € 400 million to € 3 billion.
The Vice President CEO of Baader Bank, Oliver Riedel, emphasized the company’s confidence in the long -term role of tanganía in the configuration of digital finances in Europe.
“They have shown both regulatory maturity and the technological depth necessary to serve institutions on scale,” he said.
The managing director of Elevator Ventures, Thomas Muchar, echoed the feeling, highlighting the position of the Tanganía at the intersection of digital innovation and compliance.
“We are excited to join them in this next European expansion chapter,” he said.
With the implementation of the current MICA, Tanganía is about to capitalize on the growing demand for compliance custody services.
The company is also expected to incorporate a select number of bank members aligned with its vision of safe and regulated infrastructure.
Carles Ferrer, general partner of Nauta Capital, described the series to a validation of the relevance of the Tanganía market. “From the equipment to the product to the traction, the thong has become a key player in the European digital asset ecosystem,” he said.
Deutsche Bank will launch the crypto custody service in 2026
As reported, Deutsche Bank will also launch its cryptography custody platform in 2026, working with the Bitpanda technological arm and the Swiss infrastructure firm Taurus SA.
The measure marks a significant step in the Bank’s several years to deepen its presence in digital assets, with custody services aimed at institutional clients.
The German lender is also exploring the stable and the tokenized deposits, potentially issuing their own token or joining existing initiatives.
The movement is aligned with broader trends in the financial sector, since the main European institutions respond to the regulation of Mica and changes in global policy under pro-Crypto leadership in the United States.
Fintech Post German tanania ensures 10 million euros to expand custody of regulated cryptography in Europe first appeared in Cryptonews.