Berlin, September 15, 2025 – YPOG has advised Elevator Ventures, the venture capital arm of Raiffeisen Bank International, on the Series A financing round of Tangany, a BaFin-regulated digital asset custodian based in Munich. The round was led by Baader Bank, Elevator Ventures, and Heliad Crypto Partners, with continued support from existing investors HTGF and Nauta Capital.
Tangany will use the funding to accelerate its European expansion under the MiCAR regulatory framework and to further expand its institutional custody infrastructure.
Currently, Tangany secures over EUR 3 billion in digital assets and manages more than 700,000 accounts for more than 60 institutional clients, including FlatexDEGIRO, eToro, and Bitvavo. Its white-label custody platform enables banks, fintechs, and asset managers to seamlessly integrate secure blockchain-based asset management via a scalable API.
By offering custody solutions for crypto-assets, tokenized securities, and NFTs, Tangany is positioning itself as one of the first fully MiCAR-licensed digital asset custodians in Europe – supporting the financial industry’s transition into regulated blockchain-based finance.
Über Elevator Ventures
Elevator Ventures is the venture capital fund backed by Raiffeisen Bank International, Raiffeisen-Holding Niederösterreich-Wien, and Raiffeisen-Landesbank Steiermark, and manages funds of more than EUR 100 million to elevate the growth of technology companies in Fintech and Beyond Banking. The team invests in Series A and B growth equity rounds in DACH and CEE and uses the deep expertise and knowledge of its corporate investors to support their portfolio companies. To date, Elevator Ventures has deployed over EUR 50 million, with investments into 20 companies – resulting in five exits – as well as into two additional funds.
Team
Dr. Carola Rathke (Co-Lead, Fintech + DLT), Partner, Hamburg
Anika Patz (Co-Lead, Fintech + DLT), Partner, Berlin
Dr. Benjamin Ullrich (Co-Lead, Transactions), Partner, Berlin
Stefan Richter (Fintech + DLT), Partner, Hamburg
Tobias Lovett (Transactions), Associated Partner, Berlin
Lukas Schmidt (Tax), Tax Specialist, Cologne
Theresia Heinrich (Corporate), Senior Associate, Hamburg
Felix Pinkepank (Fintech + DLT), Senior Associate, Cologne
Dr. Christoph Cordes (IP/IT/Data Protection), Associate, Berlin
Martin Acker (Tax), Associate, Hamburg
Silke Ricken (Corporate), Associate, Berlin
Dr. Mirko Grunert (Fintech + DLT), Associate, Hamburg
Thomas Tüllmann (Fintech + DLT), Associated Partner, Hamburg
Dr. David John (Fintech +DLT), Senior Associate, Hamburg
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YPOG stands for You + Partners of Gamechangers – forward-thinking legal and tax advice. Supporting companies that are focused on emerging technologies, YPOG embraces change as an opportunity to develop cutting-edge solutions. The YPOG team offers comprehensive expertise in the areas of Funds, Tax, Transactions, Corporate, Banking, Regulatory + Finance, IP/IT/Data Protection, Litigation, and Corporate Crime + Compliance + Investigations. YPOG is one of the leading law firms in Germany for venture capital, private equity, fund structuring, and the implementation of distributed ledger technology (DLT) in financial services. Both the firm and its partners are regularly recognized by renowned national and international publications such as JUVE, Best Lawyers, Chambers and Partners, Leaders League, and Legal 500. YPOG is home to more than 180 experienced attorneys, tax advisors and tax specialists as well as a notary, working across offices in Berlin, Hamburg, Cologne, Munich and London. Further information: www.ypog.law/en/ and www.linkedin.com/company/ypog