Ledger Enterprise & Tangany: Securing Institutional Settlement 

Before You Dive In:

• Ledger Enterprise is partnering with Tangany, a leading BaFin-regulated custodian, to launch a secure tri-party settlement framework for institutional trading.
• This partnership enables institutional investors to trade on global venues without surrendering control of their assets to third-party exchanges, effectively eliminating counterparty risk.
• By integrating regulated European custody with hardware-enforced governance, this collaboration reinforces Ledger Enterprise’s mission to set the global standard for secure, institutional-grade digital asset infrastructure.

Ledger Enterprise is thrilled to announce a new strategic partnership with Tangany, a premier BaFin-regulated and MiCA-licensed custodian based in Germany, bringing the gold standard framework for traditional finance settlement to Ledger Enterprise Tradelink and strengthening institutional digital asset infrastructure across Europe.

A New Standard for Off-Exchange Settlement

Reflecting a shared commitment to trust and regulatory excellence, this partnership integrates Tangany as a core custodian within the industry-standard network for secure off-exchange settlement. This model mirrors traditional finance clearing house structures, enabling institutional investors to trade on global venues without surrendering control of their assets to third-party exchanges.

Why Partner with Tangany for Ledger Enterprise Tradelink?

For European institutions, navigating the digital asset space requires total confidence in the regulatory environment. As a pioneer in the European regulated space licensed by BaFin (Germany’s key financial regulatory authority) and operating within the EU’s regulatory framework, Tangany provides the Tradelink network with the necessary peace of mind, allowing institutional participants to trade with total confidence while delivering three critical benefits:

Regulatory Compliance

Operations are conducted within a BaFin-regulated and MiCA-aligned framework, ensuring institutional-grade security and legal clarity for institutional participants across European markets.

Risk Mitigation

The model effectively eliminates exchange counterparty risk via off-exchange settlement—assets remain in Tangany’s secure custody until the trade settles.

Capital Efficiency

Tradelink enables the multi-pledging of a single collateral account across multiple venues, allowing for optimized liquidity management.

The Role of the Tri-Party Network: Seeking Strategic Partners

With the custodial layer established by Tangany, Ledger Enterprise is now inviting forward-thinking Asset Managers and Liquidity Providers to complete this initial network. By joining this secure tri-party ecosystem, Asset Managers can eliminate counterparty risk while achieving up to 80% lower transaction costs and 5x faster time-to-trading.

Simultaneously, Liquidity Providers will gain direct access to a new wave of institutional clients who require hardware-backed security and regulated settlement, creating a high-trust environment that drives greater capital efficiency for all participants.

“Europe is rapidly emerging as a leading regulated market for institutional digital assets. By integrating Tangany’s MiCA-licensed custody into the Tradelink network, European institutions can access global trading venues while keeping their assets securely held in a trusted and compliant environment.” – Martin Kreitmair, CEO of Tangany.

“The partnership with Tangany is a milestone for Tradelink. By combining Ledger’s HSM-enforced governance with Tangany’s regulated environment, we are offering the ‘gold standard’ for institutional trading—allowing firms to trade faster and cheaper without ever compromising on the safety of their assets.” – Sebastien Badault, VP Enterprise at Ledger.

Ledger Enterprise: Secure Infrastructure for Institutions

Ledger Enterprise is the world leader in digital asset security for organizations. Just as Ledger Wallet™  provides individuals with a secure gateway to own and manage their digital assets, Ledger Enterprise provides the uncompromising security infrastructure needed for the world’s largest institutions to scale.

Trading on global venues shouldn’t mean choosing between liquidity and security. By spreading credit, counterparty, and operational risks across financial service providers and a zero-trust technology stack, Ledger ensures a clear separation of roles between the technology provider, liquidity providers, and custodians. This approach provides the transparency and reliability necessary to meet the most stringent institutional compliance standards.

Join us in building the next generation of financial infrastructure. 

Contact us today to become the next role player in the Tradelink network with Tangany.