German digital asset custody firm Tangany has secured €10 million in its Series A financing, led by notable investors including Baader Bank, and supported by other financial entities. This comes after Tangany’s initial seed funding of €7 million in 2020.
Regulated by Bafin, Tangany oversees €3 billion in assets and serves over 700,000 accounts. The company is positioning itself for expansion into Europe in alignment with the EU’s MiCA regulations.
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