The current financing round was led by Elevator Ventures, Raiffeisen Bank International, Baader Bank and Heliad Crypto Partners, and existing investors such as Nauta Capital and High-Tech Gründerfonds (HTGF) are also still involved. CEO and co-founder Martin Kreitmair is pursuing the following goals with the proceeds:
"Tangany remains independent and our new shareholder structure reflects our aim to act as an integrated part of the European financial system."
Thanks to their already existing BaFin license, they want to become one of the first custodians for crypto assets with a full MiCA license. At the same time, Tangany is intensifying its partnerships with established financial institutions.
Prior to its founding in 2019, Tangany's team benefited from the qualified advice of our founding coaches and the SCE infrastructure as part of the SCE Start-up League. Looking for the same for your start-up idea? Find out more about our SCE Incubation!