macro

Tap Global Group makes first Ethereum purchase for DAIS reserve

Tap Global Group bought 50 ETH at £1,888.76 per coin, spending £94,437.86 for its DAIS balance sheet reserve, Newsmetry API reports.

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what happened

Newsmetry API reports that Tap Global Group PLC has announced its first Ethereum purchase for the DAIS balance sheet reserve.

The company bought 50 ETH at £1,888.76 per ETH. The transaction had a total value of £94,437.86.

why it matters

The purchase marks Ethereum’s first inclusion in Tap Global Group’s DAIS reserve. For markets, the announcement highlights the use of crypto assets by companies as part of balance-sheet reserve management.

instruments

EthereumETH/GBP

sources

  1. Tap Global Group Announces First Ethereum Purchase For DAIS Balance Sheet Reserve — Newsmetry API, 13 October 2026 at 06:33 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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