DAIS Solana Purchase

Summary by AI BETAClose X

Tap Global Group plc has announced the first purchase of Solana (SOL) for its Digital Asset Income Strategy (DAIS) reserve, acquiring 500 SOL at an average price of £91.66 per SOL, totaling £45,832. This purchase, made approximately 59% below Solana's all-time high, brings the DAIS reserve holdings to 3 BTC and 500 SOL, with a total cost of £235,227, held separately from operational assets. The reserve is being deployed through the Tap Earn programme to generate income, which has offered competitive returns on various digital assets.

Disclaimer*

Tap Global Group PLC
01 October 2026
 

1 October 2026

Tap Global Group plc

("Tap", the "Company" or the "Group")

DAIS Solana Purchase

First Solana purchase for the Digital Asset Income Strategy reserve, c.59% below all-time high, to be deployed through Tap Earn

Tap Global Group plc (AIM: TAP, OTCID: TAPIF), the regulated crypto-fintech, announces its first purchase of Solana ("SOL") for the Company's Digital Asset Income Strategy ("DAIS"), a yield-earning reserve of digital assets deployed through the Group's established proprietary Tap Earn programme. The purchase follows the first DAIS acquisition of 3 BTC, announced earlier this week.

Highlights

•    500 SOL acquired at an average price of £91.66 (c.US$121) per SOL, a total of £45,832

•    Purchase made c.59% below Solana's all-time high of c.US$293

•    DAIS reserve holdings now comprise 3 BTC and 500 SOL, at a total cost of £235,227, held and reported separately from the Group's operational digital assets

•    The reserve is being deployed through the Group's Tap Earn programme to generate income; Tap Earn has demonstrated consistently competitive returns since launch in May 2026 of up to 8.0% (annualised) on supported stablecoins, 3.5% on Ethereum, 2.5% on Bitcoin and up to 7% on Solana.

Why Solana

Solana is one of the largest digital assets by market value. It also allows holders to earn rewards by staking their Solana and helping secure the network. This means Solana can potentially generate additional income, making it a good fit for the DAIS, which is also being diversified beyond Bitcoin.

The reserve

As announced on 25 August 2026, unlike a hold-only treasury, the DAIS is designed to generate yield. It is being deployed on the same mechanism as the Tap Earn book, which has grown to over US$8.0 million of customer assets since launch in May 2026. DAIS holdings are held separately from the digital assets the Group uses in its day-to-day operations.

Reporting

The Company will provide an update on the DAIS reserve holdings and performance in the near future. In the meantime, shareholders can track them at investor.withtap.com.

Arsen Torosian, Chief Executive Officer of Tap Global, commented:

"After Bitcoin, Solana is the next asset in our Digital Asset Income Strategy. As a proof-of-stake network, Solana can earn native staking rewards, which is exactly how this reserve is put to work. Again, we are buying well below the peak, at less than half its all-time high, through our own trading desk, on our own platform.

"The DAIS is not a hold-only treasury. It sits alongside an operating fintech with more than 400,000 registered customers, and a yield engine that already pays out weekly. Every asset we add to the DAIS is chosen for its ability to generate income."

Important notes

Cryptoasset values are volatile and may fall as well as rise. Yields are variable and not guaranteed and may fall to zero. Deploying the reserve carries counterparty, custody, liquidity and collateral risks, including liquidation risk on collateralised borrowing. Staking carries additional risks, including lock-up periods and validator performance. The risk factors relating to DAIS are set out at investor.withtap.com. This announcement does not constitute investment advice or a financial promotion of the Tap Earn programme.

For further information, please contact:

 

Tap Global Group plc

Arsen Torosian, Chief Executive Officer

via Vigo Consulting

SPARK Advisory Partners Limited (AIM Nominated Adviser)

Andrew Emmott / Angus Campbell

+44 (0)20 3368 3555

Cavendish Capital Markets (Broker)

Adrian Hadden / George Lawson (Corporate Finance); Dale Bellis / Jason Trill (Sales & Corporate Broking)

+44 (0)20 7220 0500

AlbR Capital

Gavin Burnell / Jon Belliss / Colin Rowbury

+44 (0)20 7469 0930

Vigo Consulting (Investor Relations)

Ben Simons / Amelia Thorn / Georgina Moul

+44 (0)20 7390 0230; tapglobal@vigoconsulting.com

 

Investor website: investor.withtap.com

About Tap Global Group plc

Tap is a regulated crypto-fintech. More than 400,000 customers in over 25 countries are registered to use the Tap app to trade over 70 cryptoassets, spend them at 37 million Mastercard merchant locations worldwide and earn yield on them through Tap Earn. Tap's European business was the first crypto fintech approved by Mastercard in Europe and has been licensed by the Gibraltar Financial Services Commission under its DLT framework for six years. The Company intends to apply for authorisation under the UK crypto asset regime when applications open. In May 2026, Tap launched Tap Earn, where customers generate yield on their crypto assets. In August 2026, Tap launched its Digital Asset Income Strategy, a yield-earning reserve of the Company's own digital assets, deployed through Tap Earn.

Forward-looking statements

This announcement contains forward-looking statements that reflect the Company's current expectations. They are subject to risks and uncertainties and actual results may differ materially.

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