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Tangem profile

Who owns Tangem?

web3-native · Zug, CH · Self-custodial software · custody: Self-custodial

short answerTangem does not hold your money at all — it is self-custodial software. You hold your own keys, so nobody, including Tangem, can move or freeze your funds. Tangem's most notable disclosed backers include SBI Group and Shima Capital.

Is Tangem a licensed bank?

No — and it custodies no customer funds; you hold your own keys. Licence detail: Self-custodial; funds in a user-controlled smart contract (USDC on Polygon); card by Paera LLC, issued by Third National via Rain.

Where is your money held?

Custody model: Self-custodial — you hold your own keys; the company never takes custody.

Who's behind Tangem?

Tangem was founded by Andrey Kurennykh, Andrew Pantyukhin, Andreas Schmucki (2017), headquartered in Zug, CH.

Early investors

Notable venture and strategic investors from Tangem's publicly disclosed funding rounds (~$23M raised ($15M SBI Group 2019; Shima Capital 2023)).

SBI Group ↗ Shima Capital ↗

Is my money safe with Tangem?

Tangem never holds your funds, so no deposit-insurance scheme is involved. Your security depends entirely on how you protect your own private keys and recovery phrase — lose them and no company can recover the money for you.

go deeperSee the full Tangem profile with every verified field, or Tangem alternatives. Raw fields: data.json.

Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.