REG - Tap Global Group PLC - Tap Earn Now Live in UK

Tap GlobalAnnouncement

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RNS Number : 3482E  Tap Global Group PLC  14 May 2026

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE UK
MARKET ABUSE REGULATIONS. UPON PUBLICATION OF THIS ANNOUNCEMENT VIA A
REGULATORY INFORMATION SERVICE, THIS INFORMATION IS DEEMED TO BE IN THE PUBLIC
DOMAIN.

14 May 2026

 

Tap Global Group plc

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

Tap Earn Now Live in UK

 

Yield product offering customers up to 7.0% on supported stablecoins now
available in all Tap markets including for UK customers

Tap Global Group plc (AIM: TAP), an innovative digital finance hub that brings
money payments and crypto settlement services together in a single
user-friendly app, is pleased to announce that Tap Earn - the Group's yield
product offering customers competitive variable yields on eligible
cryptocurrency and stablecoin holdings - is now available to eligible
customers in the United Kingdom, following completion of the relevant final
approvals.

As announced on 7 May 2026, Tap Earn offers variable customer-facing yields of
up to 7.0% on supported stablecoins, up to 3.5% on Ethereum and up to 2.5% on
Bitcoin, with flex-only withdrawals (no lockups, no notice periods and no
early-withdrawal penalties), fully integrated within the existing Tap mobile
application. With today's availability in the United Kingdom, Tap Earn is now
live across all the Group's markets.

A separate trading update covering early-access performance metrics for Tap
Earn (including customers, assets under management and annualised revenue
run-rate to the Group) is expected to follow in due course, as previously
indicated.

Arsen Torosian, Chief Executive Officer of Tap, commented:

"The UK is a cornerstone market for Tap, and today we are proud to bring Tap
Earn to our UK customers. With Tap Earn now live across all our markets, we're
focused on scaling the product across existing customers as a new revenue
stream for the Company."

Important Risk Information

Tap Earn is a high-risk product for customers and creates specific financial,
operational and reputational risks for the Group itself. Customer-facing
yields are variable, are not guaranteed and may at any time be reduced
(including to zero). Digital asset prices can fall significantly and a
customer's overall position may lose value notwithstanding any yield received.
Tap Earn is not a bank deposit and is not protected by the Financial Services
Compensation Scheme ("FSCS") or any equivalent deposit guarantee scheme in any
jurisdiction in which it is offered. Customers may lose some or all of their
holdings. Access to funds may be restricted in periods of market stress under
the Group's pre-defined operational liquidity framework, with withdrawals
potentially queued on a rules-based basis.

The full risk disclosures applicable to Tap Earn - including spread
compression and yield-environment risk, counterparty default risk, liquidity
and withdrawal-stress risk, operational and technology risk, regulatory and
enforcement risk, reputational and franchise risk, concentration risk, and
litigation and customer-claim risk - are set out in the Group's announcement
of 7 May 2026 and should be read together with the risk factors in the Group's
most recent annual report and interim results.

This announcement and the product information referred to herein do not
constitute financial advice or a personal recommendation. Customers should
consider their own circumstances and, where appropriate, seek independent
advice before depositing.

 

Enquiries:

 Tap Global Group plc

 Arsen Torosian, Chief Executive Officer                     via Vigo Consulting
 SPARK Advisory Partners Limited (AIM Nominated Adviser)     +44 (0)20 3368 3555

 Andrew Emmott / Angus Campbell
 Cavendish Capital Markets (Joint Broker)                    +44 (0)20 7220 0500

 Adrian Hadden / George Lawson (Corporate Finance)

 Dale Bellis / Jason Trill (Sales & Corporate Broking)
 AlbR Capital (Joint Broker)                                 +44 (0)20 7469 0930

 Gavin Burnell / Jon Belliss / Colin Rowbury
 Vigo Consulting (Investor Relations)                        +44 (0)20 7390 0230

 Ben Simons / Amelia Thorn / Georgina Moul                   tapglobal@vigoconsulting.com (mailto:tapglobal@vigoconsulting.com)

 

Investor website:  investor.tap.global (https://investor.tap.global/)

 

About Tap Global Group plc

Tap Global Group plc bridges the gap between traditional finance and
blockchain technology. It offers over 400,000 registered individual and
business customers an innovative and fully integrated fiat payments and
cryptocurrency settlement service including access to several major
cryptocurrency exchanges. Through the Tap app, customers can trade over 70
cryptocurrencies and store them directly in their customer wallet, while
benefiting from proprietary AI middleware for real-time best-execution and
pricing.

Tap Group's European business, Tap Global Limited, was the first
cryptocurrency FinTech company to be approved by Mastercard in Europe. Through
the Tap card, European users can convert their cryptocurrencies to fiat and
spend at more than 37 million merchant locations worldwide.

Tap Group's operating subsidiaries

Tap Global Limited serves the European customer base and is registered in
Gibraltar and licensed and regulated by the Gibraltar Financial Services
Commission under the DLT with licence No. 25532.

Tap's Bulgarian subsidiary has been granted a VASP registration by the
National Revenue Agency of Bulgaria in order to qualify for the EU MiCA
regulations grandfathering provisions.

Follow us on social media:

LinkedIn: https://www.linkedin.com/company/tapglobal/
(https://www.linkedin.com/company/tapglobal/) |  X:
https://x.com/TapGlobalPlc (https://x.com/TapGlobalPlc)

Forward-Looking Statements

This announcement contains forward-looking statements, including (without
limitation) statements regarding the launch and availability of Tap Earn in
the United Kingdom, the expected publication of a trading update containing
early-access performance metrics, the Group's ability to scale the Tap Earn
product across its customer base, and the Group's broader strategic framework.
Forward-looking statements are subject to known and unknown risks and
uncertainties (including those described under "Important Risk Information"
above and in the Group's announcement of 7 May 2026), and actual outcomes may
differ materially from those expressed or implied. Forward-looking statements
speak only as at the date of this announcement and the Company undertakes no
obligation to update them, save as required by applicable law or regulation.
Nothing in this announcement should be construed as a profit forecast.

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