Tangany
White-label custody solutions provider for digital assets on blockchain.
All edits by Natalia Zaitceva
Tangany is a German provider for custody of digital assets and crypto. They offer a reliable solution for crypto wallets and infrastructure to the most popular blockchain. Including custody for Bitcoin and custody for Ethereum.
The suite has a modular design which allows clients to only use required products.
Warm Wallets
The API is our powerful solution to integrate blockchain wallets into any system. Leverage Wallet as a Service to bring digital assets to your customers. It’s a scalable, reliable and easy-to-use blockchain API.
Software development ressources are always limited. That is why we have created our ready-to-use frontend wallet. The wallet can be fully customized into your branding (that includes URL, name, tokens and CI-colors). Your customers are able to easily sign-up and to use your wallet. The wallet is based on top of our API and supports Bitcoin, Ether, Tether and all ERC20 tokens.
Cold Wallets
Cold Wallets provide added security for digital assets. Our Bitcoin Multi-Signature cold wallet service leverages three wallets whereas two are required to sign a transaction (usually the client and Tangany). The third wallet is safely deposited. All three wallets are hardware wallets.
Multi-Wallet Custody offers the possibility to store all kinds of digital assets on a cold wallet solution. Tangany is the only entity that has acces to the wallet.
Infrastructure
Full Nodes for BTC & ETH
Tangany maintains its own node infrastructure to major blockchains like Bitcoin and Ethereum. The node cluster ensures highest stability and availability by using our innovative load balancer. This service is included in all wallet products.
Private Blockchains
The team deploys and maintains private blockchains based on Ethereum or Quorum (Blockchain as a Service). This service is mostly used for tokenization or supply chain projects. Team experts help you to figure out whether a private blockchain fits your project.
Other
Tangany Account Manager (TAM)
It’s a powerful internal tool which enables your account manager at Tangany to manage your account settings. This also allows the Tangany support team to easily execute any requests.
Regulatory Compliance
Tangany has applied for German ‘crypto custody license’ and is currently supervised by the German Federal Financial Supervisory Authority (BaFin) as a crypto custody provider pursuant to Section 64y German Banking Act (Kreditwesengesetz). Our clients usually do not have to apply for the license themselves.
Funding
Tangany has raised a total of $221.8K in funding over 2 rounds. Their latest funding was raised on Feb 14, 2020 from a Seed round.
Tangany is funded by 2 investors. Philipp Treuner and High-Tech Grunderfonds are the most recent investors.
October 2021
We did it a second time! Tangany was awarded the well-known German FinTech Award 2021 for its innovative and industry-changing solution.
October 2021
As the third provider, the crypto custody license was granted to Tangany by German financial authority BaFin. Tangany is now a fully regulated and licenses operator of crypto custody services.
September 2021
Tangany has applied for the newly introduced Register Manager license to be able to manage the register of crypto securities. That license was granted by German financial authority BaFin, which enables Tangany to start operation from November 2021.
June 2021
Tangany was awarded as the 'Best German Custodian' for digital assets by TiAM magazine. TiAM is a well-known publication for asset manager in the German-speaking countries. This is the first independent study of it's kind and a huge honor to be the winner.
April 2021
Exporo, a leading solution for crowd investments in real estate, migrates from another solution to Tangany. With Tangany, Exporo is able to reduce network fees up to 99% and saves five figured Euro amounts each month.
March 2021
For the first time, Tangany has more than €300m in crypto-assets under custody. This includes cryptos, security tokens, NFTs, coins, tokens and other assets on blockchain.
December 2020
The local government of Bavaria, Germany, has approved a grant investment of more than 150,000 Euro for a dedicated innovation project related to our Custody Suite.
September 2020
Tangany won the FinTech Germany Award 2020 in the category 'seed'. The jury namely expressed their enthusiasm for our reliable and scalable solution in one of the next big tech sectors.
June 2020
Tangany partners officially up with Microsoft to increase scalability of Tangany Custody Suite with Azure. Tangany is also listed on Microsoft Marketplace.
April 2020
Launch of our complementary product Cold Wallet which are fully offline and air-gapped stored. Highest security with Multi-Signature and hardware wallets.
January 2020
2019 was closed 'cash positive' which allowed Tangany to grow from our own resources.
Additionally, to speed things up, we closed our seed investment round. We are very happy to welcome High-Tech Gründerfonds and our three side-investor to the Tangany family.
March 2019
After several months of research, testing and evaluation the first module of our infrastructure was successfully released: Wallet as a Service (Online/Hot Wallet).
Tangany is also a proud founding-member of INATBA (International Association of Trusted Blockchain Applications) which is based in Brussels, Belgium.
January 2019
Tangany received another governmental grant by the state of Bavaria for being on the forefront of Blockchain.
Tangany also joined Bundesblock, the German Blockchain lobby association, and its sub-organization Bundesblock Bavaria.
April 2018
The project was born by receiving EXIST from the German Federal Ministry of Economics for being highly innovative. It was the first confirmation to be on the right path.
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