Launch of Institutional Bitcoin Treasury Service

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 the launch of its Bitcoin Treasury as a Service (“BTaaS”), a comprehensive, institutional-grade platform designed for publicly listed companies adopting Bitcoin as a primary treasury reserve asset. 

This new service caters to the growing number of publicly listed companies, both in the UK and globally, implementing Bitcoin-centric treasury strategies. Tap’s BTaaS platform provides a unified solution to the significant operational, security, and execution challenges that companies face when allocating capital to digital assets.

The BTaaS platform offers corporate clients a complete, end-to-end solution, featuring:

• Global liquidity: The platform leverages Tap’s proprietary middleware to aggregate liquidity from multiple leading exchanges, ensuring clients receive optimal pricing for large-volume trades, thereby minimising market impact.
   
• Seamless fiat-to-crypto conversion: Utilising dedicated GBP and EUR accounts, the service offers efficient and reliable conversion of fiat currency for Bitcoin acquisition and liquidation, streamlining the entire treasury management process.
   
• Comprehensive reporting: The platform provides detailed reporting suitable for corporate accounting, auditing, and the generation of regulatory disclosures required of publicly listed companies.

Proven Track Record with Major UK Bitcoin Treasury

One of the largest Bitcoin treasury holders among UK publicly listed companies has been testing and utilising Tap’s platform over the past three months to execute the majority of its Bitcoin treasury acquisitions. The BTaaS platform was originally developed as a bespoke project specifically built to meet the exacting requirements of this major corporate client. Following successful testing and substantial transaction volumes executed through the system, Tap is now rolling out this proven, institutional-grade solution to the broader market.

This strategic client engagement directly validated the market need for a dedicated institutional service, with the client’s operational requirements shaping the development of the BTaaS platform. The successful execution of substantial Bitcoin purchases demonstrates Tap’s ability to handle large-scale corporate treasury operations and provides immediate proof of concept for the BTaaS offering.

Arsen Torosian, CEO of Tap, commented:

“The launch of our Bitcoin Treasury as a Service is a major strategic milestone for Tap and a logical evolution of our B2B offering. What began as a bespoke project for one of the UK’s top Bitcoin treasury holders has, over the past three months of rigorous testing and live transaction execution, proven itself as a scalable, institutional-grade solution. We have observed a growing number of public companies looking to Bitcoin as a legitimate inflation-hedging treasury asset, and current market conditions present compelling entry points for corporate treasurers. By leveraging our advanced technology, we are uniquely positioned to serve this sophisticated and growing market. This new service establishes a significant, high-value recurring revenue stream for the Company and firmly positions us as the go-to infrastructure partner for the next wave of corporate Bitcoin adoption.”

Companies currently holding or considering Bitcoin as a treasury reserve asset are invited to contact Tap’s institutional services team at corporate@withtap.com or visit www.withtap.com/uk  to learn more.