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Photo: Dr. Carola Rathke, Partner at YPOG in Hamburg (© Dr. Carola Rathke)

Series A for € 10 million for custodian of digital assets Tangany

Photo: Dr. Carola Rathke, Part­ner at YPOG in Hamburg (© Dr. Carola Rathke)
18. Septem­ber 2025

Berlin/ Munich, Septem­ber 15, 2025 — Tangany secu­res €10 million in Series A, grows to €3 billion in assets under cust­ody at >and shar­pens its regu­la­tory edge: BaFin-lice­n­­­sed, MiCA-ready and expan­ding with strong bank inves­tors. The round was led by Baader Bank, Eleva­tor Ventures and Heliad Crypto Part­ners, with further support from exis­ting inves­tors HTGF and Nauta Capi­tal. YPOG advi­sed Eleva­tor Ventures, the venture capi­tal arm of Raiff­ei­sen Bank Inter­na­tio­nal, on Tanga­ny’s Series A finan­cing round. 

Tangany will use the new funds to acce­le­rate its expan­sion in Europe under the MiCAR regu­la­tory frame­work and further deve­lop its insti­tu­tio­nal cust­ody infrastructure.

Tangany curr­ently has over EUR 3 billion worth of digi­tal assets under cust­ody and mana­ges more than 700,000 accounts for over 60 insti­tu­tio­nal clients, inclu­ding Flatex­DE­GIRO, eToro and Bitvavo. The white-label cust­ody plat­form enables banks, fintechs and asset mana­gers to seam­lessly inte­grate secure, block­chain-based asset manage­ment via a scalable API. 

By offe­ring cust­ody solu­ti­ons for crypto assets, toke­ni­zed secu­ri­ties and NFTs, Tangany is posi­tio­ning itself as one of the first fully MiCAR-lice­n­­­sed digi­tal asset custo­di­ans in Europe, support­ing the finan­cial indus­try’s tran­si­tion to a regu­la­ted, block­chain finan­cial economy.

About Eleva­tor Ventures

Eleva­tor Ventures is the venture capi­tal fund backed by Raiff­ei­sen Bank Inter­na­tio­nal, Raiff­ei­­sen-Holding Nieder­ös­­ter­­reich-Wien and Raiff­ei­­sen-Landes­­bank Stei­er­mark, mana­ging funds of over EUR 100 million to support the growth of tech­no­logy compa­nies in the fintech and beyond banking sectors. The team invests in Series A and Series B growth rounds in the DACH region and CEE, lever­aging the deep exper­tise and know­ledge of its corpo­rate inves­tors to provide targe­ted support to port­fo­lio compa­nies. To date, Eleva­tor Ventures has inves­ted over EUR 50 million — in 20 compa­nies, resul­ting in five exits — as well as in two other funds. 

Advi­sor Eleva­tor Ventures: YPOG

Dr. Carola Rathke (Photo/ Co-Lead, Fintech + DLT), Part­ner, Hamburg
Anika Patz (Co-Lead, Fintech + DLT), Part­ner, Berlin
Dr. Benja­min Ullrich (Co-Lead, Tran­sac­tions), Part­ner, Berlin
Stefan Rich­ter (Fintech + DLT), Part­ner, Hamburg
Tobias Lovett (Tran­sac­tions), Asso­cia­ted Part­ner, Berlin
Lukas Schmidt (Tax), Tax Specia­list, Cologne
There­sia Hein­rich (Corpo­rate), Senior Asso­ciate, Hamburg
Felix Pinke­pank (Fintech + DLT), Senior Asso­ciate, Cologne
Dr. Chris­toph Cordes (IP/IT/Data Protec­tion), Asso­ciate, Berlin
Martin Acker (Tax), Asso­ciate, Hamburg
Silke Ricken (Corpo­rate), Asso­ciate, Berlin
Dr. Mirko Grun­ert (Fintech + DLT), Asso­ciate, Hamburg
Thomas Tüll­mann (Fintech + DLT), Asso­cia­ted Part­ner, Hamburg
Dr. David John (Fintech +DLT), Senior Asso­ciate, Hamburg

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