Tap Earn Update
Summary by AI BETAClose X
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE UK MARKET ABUSE REGULATION. UPON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS DEEMED TO BE IN THE PUBLIC DOMAIN.
24 September 2026
Tap Global Group plc
("Tap", the "Company" or the "Group")
Tap Earn Update
AUM surpasses US$8 million, up 43% in a month and more than doubled since May
Cumulative yield revenue of approximately US$141,000 since launch
Tap Global Group plc (AIM: TAP), the innovative digital finance hub that brings money, payments and crypto settlement services together in a single user-friendly app, is pleased to provide an update on Tap Earn, the Group’s proprietary crypto asset yield programme launched in May 2026.
Kep Points
• Continued AUM growth: Tap Earn assets under management ("AUM") surpassed US$8.0 million as at 22 September 2026, up 43% from the US$5.6 million as reported on 20 August 2026 and 129% from the US$3.5 million reported shortly after launch on 18 May 2026
• Customer driven: AUM growth of 129% since 18 May 2026 delivered against a 12% rise in the Bitcoin price over the same period, demonstrating growth is being driven principally by net customer deposits
• Proven new revenue stream: Cumulative yield revenue generated by the programme since launch is approximately US$141,000, up from approximately US$125,000 at 20 August 2026, representing an annualised gross yield of approximately 7% on committed capital
• Reliable delivery established: 20 consecutive weekly payouts made to customers since launch
• Consistently competitive returns: Customer rates remain up to 8.0% (annualised) on supported stablecoins, 3.5% on Ethereum and 2.5% on Bitcoin, with no lock-ups, notice periods or early-withdrawal penalties
• Forthcoming addition of group treasury assets: The Group’s Digital Asset Income Strategy ("DAIS") reserve, to be initiated with funds from the £1 million placing announced on 22 September 2026, will also be deployed through the Tap Earn book mechanism
• Introduction of monthly reporting: first monthly DAIS report, covering crypto assets held, movements and yield generated, will follow the first deployment of treasury assets through Tap Earn
Arsen Torosian, Chief Executive Officer of Tap Global, commented:
"Four and a half months in, and Tap Earn holds more than US$8 million of customer assets. This isn’t just being driven by the Bitcoin price rise, but principally by customers moving assets into the product.
"The product does one simple thing well. Our customers already hold Bitcoin and digital assets; Tap Earn pays them on those holdings every week. Customers are voting with their deposits, and the programme is now generating over US$30,000 a month as an additional Group revenue stream – I believe we’re scratching the surface of what can be achieved as AUM scales.
"Earn is also set to be the engine behind our Digital Asset Income Strategy. The reserve we will begin to build with the proceeds from last week’s placing will be deployed on exactly the same mechanism, so every dollar Earn adds at scale is a step for the Group’s own balance sheet too, and our monthly DAIS updates will report against that."
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 |
About Tap Global Group plc
Tap (AIM: TAP, OTCID: TAPIF) is a regulated crypto-fintech. Through one app, more than 400,000 customers in 25+ countries trade over 70 cryptoassets spend wherever Mastercard is accepted — hundreds of millions of locations in more than 220 countries and territories, and earn yield on their holdings through Tap Earn. Tap's European business was the first cryptocurrency fintech approved by Mastercard in Europe. In August 2026, Tap launched a Digital Asset Income Strategy (“DAIS”): a yield-earning reserve of digital assets, deployed through Tap Earn. The Group has been licensed by the Gibraltar Financial Services Commission under its DLT framework for six years.
Investor website: www.investor.tap.global
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.
Important Risk Information
Programme figures are point-in-time, unaudited and reported at deployment-account level. Yields are variable and not guaranteed; customer rates may change. Cryptoasset values are volatile and participation in the Tap Earn programme carries risk, as set out in the programme’s terms and risk disclosures. This announcement does not constitute investment advice or a financial promotion of the Tap Earn programme. The risk factors relating to DAIS are set out at investor.tap.global.
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