Tap Global Launches Digital Asset Income Strategy to Build UK’s Largest Crypto Treasury

Tap Global Group plc has launched a Digital Asset Income Strategy (DAIS), marking a shift in how fintechs manage corporate treasuries. By deploying digital assets into its own yield-earning engine, the firm aims to cover operating costs through crypto returns, a move that provides a blueprint for sustainable balance sheet management in volatile markets.

What was announced

Tap Global Group plc, listed on the AIM market, has formally adopted the Digital Asset Income Strategy (DAIS). This initiative establishes a yield-earning reserve of digital assets managed through the Group’s proprietary Tap Earn programme. Unlike traditional passive treasury models that simply hold assets, the DAIS is designed to generate active income, which the company intends to use to offset its operating expenses.

The strategy is backed by a proven track record; the Tap Earn programme has already demonstrated an annualised gross yield of approximately 7% on committed capital, including the firm's own treasury assets. The timing of the launch is strategic, with Bitcoin currently trading more than 30% below its October 2025 all-time high of US$126,198. By building the reserve at these price points, the Board aims to avoid the pitfalls of passive vehicles that accumulated at market peaks.

Funding for the DAIS will be drawn from the Group’s existing cryptoassets, which stood at £1.75 million as of 30 June 2026, as well as surplus funds from operations and occasional equity issuances. To ensure transparency, Tap will publish a monthly DAIS report via RNS detailing asset holdings, movements, and generated yield. The Group reported £3 million in revenues for the financial year ended 30 June 2026 and currently serves over 400,000 registered customers.

"The Board believes this is the point in the cycle at which a long-term reserve should be built: accumulating at a significant discount to the peak, with income from the first deployment. This sets Tap apart from most UK digital asset treasury companies which were created in 2025, as Bitcoin climbed towards its October 2025 record high of US$126,198. Passive treasury vehicles that rushed to accumulate in a rising market have underperformed: many trade below the value of their own holdings, and several, including UK-listed vehicles, have been forced into asset sales or wind-downs. With no income, a passive treasury becomes working capital in a drawdown. An income-generating treasury does not."

Arsen Torosian, Group CEO and Co-Founder of Tap Global Group plc.

The companies involved

Tap Global Group plc is a digital finance hub that integrates traditional money management, payments, and cryptocurrency settlement within a single application. The company operates with a six-year regulated history, providing a bridge between legacy banking and the digital asset economy. Its ecosystem includes trading services, card interchange, and the Earn product, which serves as the engine for the new treasury strategy.

The broader ecosystem surrounding Tap involves several key financial entities. SPARK Advisory Partners Limited serves as the AIM Nominated Adviser, with Andrew Emmott acting in that capacity. Cavendish Capital Markets and ABR Capital are also active in the market landscape where Tap operates. Furthermore, Tap’s position as a regulated entity is underscored by the oversight of the Gibraltar Financial Services Commission (GFSC), a jurisdiction that has become a hub for digital asset innovation. The company also operates within the wider payments infrastructure that includes giants like Mastercard, which remains a central figure in the global fintech and card issuance space.

What this means

This announcement signals a maturation of the "corporate crypto treasury" trend. By moving away from passive holding to an income-generating model, Tap is putting pressure on pure-play crypto investment vehicles that offer no utility beyond price exposure. The decision to use treasury yield to cover operating costs is a sophisticated defensive play; it suggests that in the next market downturn, firms with active yield strategies will be far more resilient than those forced to liquidate principal to stay afloat. The industry will now be watching to see if this "yield-first" treasury approach becomes the standard for regulated fintechs looking to de-risk their crypto exposure while maintaining upside potential.