Business
Tap Earn Now Live in UK
Tap Global Group plc has announced that its "Tap Earn" yield product is now live in the United Kingdom, offering eligible customers up to 7.0% on supported stablecoins, 3.5% on Ethereum, and 2.5% on Bitcoin, with flexible withdrawals. This expansion means Tap Earn is now available across all of the Group's markets. The company anticipates releasing a separate trading update detailing early-access performance metrics, including customer numbers, assets under management, and the annualised revenue run-rate. Tap Global Group plc cautions that Tap Earn is a high-risk product for customers and carries significant risks for the Group, as customer yields are variable and not guaranteed, and customers may lose some or all of their holdings. Disclaimer*
About this update from Tap Global Plc
[{"type":"text","content":"\n\nTHIS 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.\n14 May 2026\n \nTap Global Group plc\n(\"Tap\", the \"Company\" or the \"Group\")\n Tap Earn Now Live in UK\n \nYield product offering customers up to 7.0% on supported stablecoins now available in all Tap markets including for UK customers\nTap 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.\nAs 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.\nA 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.\nArsen Torosian, Chief Executive Officer of Tap, commented:\n\"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.\"\nImportant Risk Information\nTap 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...