Tap Global Aims to Build UK's Largest Income-Generating Crypto Treasury

Tap Global Group (AIM: TAP) has launched a new strategy to generate income from its digital assets, aiming to create what it calls the UK's largest income-generating crypto treasury.

The company will deploy its reserves through Tap Earn infrastructure to generate recurring yield, with an initial strategy that is funded by £1.75 million of existing cryptoassets and surplus cash generated by the operating business.

The Digital Asset Income Strategy (DAIS) has produced an annualised gross yield of approximately 7% on committed capital to date, including Tap's own treasury assets.

Tap intends to publish a monthly DAIS report through RNS, detailing assets held, movements in the treasury and yield generated. The company's board and senior management are locked in over approximately 63% of the issued shares until March 2029.