Tap Global Group PLC Acquires Solana for Digital Asset Income Strategy
Tap Global Group PLC has made its first purchase of Solana (SOL) for the company's Digital Asset Income Strategy (DAIS), a reserve of digital assets that generates yield through Tap Earn. The purchase includes 500 SOL, acquired at an average price of £91.66 (approximately $121 US per SOL), totaling £45,832.
The Solana purchase is part of the DAIS reserve's diversification beyond Bitcoin, which was announced earlier this week as the first acquisition. According to Arsen Torosian, CEO of Tap Global Group PLC, 'Solana is one of the largest digital assets by market value and can potentially generate additional income through staking rewards.'
The DAIS reserve now holds 3 BTC and 500 SOL, with a total cost of £235,227. The reserve is being deployed through Tap Earn to generate income for the company.