Cashlink and Tangany Partnership
A Modular Custody Solution for Digital Securities
Nov 2nd, 2021
The rise of tokenization and digital securities led to the emergence of a whole new financial ecosystem, which now has the challenge to provide the market with innovative solutions. With our vast network at Cashlink, we are excited to officially announce our partnership with Tangany GmbH, one of the leading whitelabel blockchain custody providers in Europe. With their focus on tokenization projects, institutional investors and asset managers, their core tokenization product is the “Tangany Custody Suite”. Together with Tangany, Cashlink thus now offers a digital securities account. Equivalent to a traditional securities account, this so-called wallet is required for the safekeeping of digital securities, which are represented by tokens. With their modular custody solution, our customers therefore now have the option to choose how their digital securities are to be held. And with Tangany being a fully regulated custodian to provide crypto custody in accordance with § 1 Section 1a Sentence 2 No. 6 of the German Banking Act (KWG) supervised by the German Federal Financial Supervisory Authority (BaFin), our clients can be assured that regulatory safety is 100% provided.
“For us, this partnership is the logical combination of two products working
towards the same future. That is why we are beyond excited for this partnership
as the customer will benefit immensely from the joined expertise of Cashlink
and Tangany – All in all getting us one step closer to a DLT-based capital market”
– Michael Duttlinger, CEO of Cashlink
“We are very proud to work very closely with Cashlink as the regulated Tangany white-label custody service is the perfect match to offer seamless tokenization experience for the security token issuer and investor. . Our expertises and technologies really complement each other in a way that creates a great potential in the blockchain ecosystem and will allow us to create great things in the future for the entire industry. Tangany and Cashlink together will disrupt the traditional finance infrastructure with their DLT services in the next few years.” – Martin Kreitmar, CEO of Tangany
The Tangany GmbH is a B2B white-label crypto custodian located in Munich, Germany, regulated under Section 1 (1a) Sentence 2 No. 6 of the German Banking Act (KWG) and fully licensed for the custody of digital assets in the country to provide crypto custody business by the German Federal Financial Supervisory Authority (BaFin) . With the Tangany Custody Suite, customers can store digital assets such as Bitcoin, Ethereum, Stablecoins and Security Tokens in the warm wallet and cold wallet. Developed in-house since 2018 to the highest technical standards, Tangany Custody Suite combines top-notch digital asset custody technology with regulatory security.
Tangany has been regularly awarded for its leading wallet infrastructure for the custody of digital assets in recent years. Tangany won the Fintech Germany Award in 2020 for Seed Stage and 2021 for Investment Technology. In addition, Tangany received the preliminary permission according to Section 65 (2) of the German Banking Act (KWG) by BaFin to keep registers of crypto securities.