Jinse Finance reported that Tangany, a Munich-based digital asset custody service provider, has announced the completion of a €10 million Series A financing round. The round was led by Baader Bank, Elevator Ventures (the venture capital arm of Raiffeisen Bank International), and Heliad Crypto Partners, the digital asset investment arm of Heliad AG, with participation from HTGF and Nauta Capital. The company is currently regulated by the German Federal Financial Supervisory Authority (BaFin) and provides custody services for crypto trading platforms such as certain exchanges. The new funds will support the optimization of European financial infrastructure.