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.
8 October 2026
Tap Global Group plc
("Tap", the "Company" or the "Group")
Tap Earn Update
AUM surpasses US$9 million, more than doubled since May
Cumulative gross yield of approximately US$157,000 since launch
Tap Global Group plc (AIM: TAP, OTCID: TAPIF), the regulated digital finance platform, is pleased to provide an update on Tap Earn, the Group's proprietary crypto asset yield programme launched in May 2026.
Key Points
• Continued AUM growth: Tap Earn assets under management ("AUM") surpassed US$9.0 million as at 7 October 2026, up from the US$8.0 million reported on 24 September 2026 and more than double the US$3.5 million reported shortly after launch on 18 May 2026
• Growing yield: Cumulative gross yield generated by the programme since launch is approximately US$157,000, up from approximately US$141,000 reported on 24 September 2026, with approximately US$32,500 received in September 2026
Arsen Torosian, Group CEO and Co-Founder, commented:
"Five months in, and Tap Earn holds more than US$9 million of customer assets, more than double where it stood in May.
"The product does one simple thing well. Our customers already hold Bitcoin and digital assets; Tap Earn pays them on those holdings every week, and it has now done so 22 weeks in a row.
"The programme has generated around US$157,000 of gross yield since launch, around US$32,500 of which was in September alone. Our focus is to keep growing the book and the yield it generates."
For further information, please contact:
|
Tap Global Group plc Arsen Torosian, Chief Executive Officer |
via Vigo Consulting |
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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 (AIM: TAP, OTCID: TAPIF) is a regulated crypto-fintech. More than 400,000 customers in over 25 countries are registered to use the Tap app to hold, send and spend money, including with the Tap Mastercard. Where available, customers can also trade over 70 cryptoassets and earn yield 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 cryptoasset regime when applications open. 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.
Important Risk Information
Programme figures are point-in-time, unaudited and calculated on the same basis as previously reported and include balances of the Group's DAIS reserve and of directors. Gross yield is the income received on the programme's deployed assets, before rewards paid to participants and the programme's funding and transaction costs. 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, including counterparty, custody, liquidity and collateral risks and liquidation risk on collateralised borrowing. Tap Earn is not a bank deposit and is not protected by the Financial Services Compensation Scheme. 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.withtap.com.