Powering the Regulated Infrastructure for Europe’s Digital Asset Future with Tangany

A new financial era is emerging in Europe. By 2028, over $112 billion in revenue is projected to be tied to digital assets, propelled by tokenization, digital finance, and blockchain-based services. As adoption grows, value is already slipping from traditional financial institutions (FIs) to private wallets and exchanges. The opportunity is historic,yet entering the space is complex.

What is driving this shift? The number of blockchain asset holders is rising, institutional interest is accelerating, and use cases are multiplying, from tokenized real estate and commodities to programmable finance. Financial institutions are expected to offer these services to maintain last-mile visibility and preserve their direct client relationships.

In this respect, most institutions currently face a real capability gap. Building secure wallet infrastructure, integrating multiple chains, and operating staking or tokenization services in-house is time- and cost-intensive. Trust concerns compound the problem: nearly $19 billion has been lost to exploits over the past 13 years, and regulatory expectations are rising accordingly. The good news is that MiCA (Markets in Crypto-Assets Regulation) now provides a harmonized framework that can unlock innovation and increase market engagement across the EU. 

We believe digital assets are maturing as an asset class and moving toward mainstream markets. Custody platforms form the critical infrastructure layer of the digital asset ecosystem. They provide the secure, regulated rails on which all other services depend, making them indispensable for financial institutions entering this space. As infrastructure providers rather than consumer-facing businesses, they are also typically less exposed to the volatility of asset prices and marketcycles.

We also see attractive upside dynamics in the category, with consolidation and acquisitions among digital asset service providers signaling strong growth potential for market leaders.

Given these market dynamics, we are excited to announce our investment in Tangany, a Munich-based, BaFin-licensed custodian built for institutions. Tangany enables banks, fintechs, brokers, and corporates to launch digital asset services quickly and securely. Instead of dedicating years to building licensing, custody infrastructure, and blockchain connectivity from scratch, institutions can rely on Tangany’s proven, regulatedplatform that is already in use across Europe.

Since its founding in 2019, Tangany has grown into a trusted partner in Germany, with billions of euros in assets under custody and a rapidly expanding institutional client base. With its MiCA license in place, the company is positioned to scale this model across EU markets.

Tangany’s platform is designed to meet institutions where they are. Some clients choose infrastructure-only services, integrating wallets, APIs, and blockchain access into their own systems. Others leverage Tangany’s full custody-as-a-service model, which includes onboarding, compliance, and regulated custody under Tangany’s license.

This flexibility reduces time-to-market, lowers operational risk, and allows financial institutions to retain brand ownership and the direct client relationship, while Tangany ensures the underlying operations remain secure and compliant. The platform is aligned with MiCA, implements the travel rule, and follows DORA-consistent operational standards, providing a ready-made foundation for use cases such as
staking and tokenization.

With Series A funding, Tangany is expanding beyond Germany, scaling technology, strengthening operations, and deepening partnerships with financial institutions across Europe. The goal is clear: to become one of the top three B2B crypto custodians in Europe by the end of the decade. With its regulatory-first mindset, institutional-grade technology, and strong market demand, Tangany is wellpositioned to deliver on that vision.

At Elevator Ventures, we back founders building the infrastructure for the future of finance. Tangany embodies that vision, helping Europe transition to a secure, regulated, and scalable digital asset economy. We are proud to support the team as they enter this next phase of growth. A conversation with the founder will be released on our podcast soon for those who want to dive deeper into the journey.

Learn more about Tangany: www.tangany.com