Tap Global Completes First Ethereum Purchase for DAIS, 50 ETH at a Cost of Approximately £94,000

October 13 - London-listed crypto finance company Tap Global Group (AIM: TAP) announced today that it has completed its first Ethereum purchase under its Digital Asset Income Strategy (DAIS), acquiring 50 ETH at an average price of approximately $2,497 per coin, for a total cost of £94,437.86, representing a nearly 50% discount from Ethereum's all-time high of approximately $4,950.

Tap Global Group stated that this batch of ETH has been deployed through its proprietary yield product Tap Earn to generate returns, continuing the "buy and put to work immediately" model following its previous purchases of Bitcoin and Solana. Currently, the DAIS reserve includes 3 BTC, 500 SOL, and 50 ETH, with a total cost of approximately £329,700, plus approximately $279,000 in stablecoins.