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LONDON - Tap Global Group plc (AQSE:TAP) announced Friday its intention to transfer from the AQSE Growth Market to the AIM Market of the London Stock Exchange (LON:LSEG), with trading expected to commence on June 27, 2025.
The digital finance company, which offers cryptocurrency and fiat currency services through a single app, will not raise additional capital or provide a secondary offering as part of the admission process. The company’s ticker symbol "TAP" and ISIN number will remain unchanged.
Tap Global’s board cited the company’s growing scale and mission to connect traditional finance with cryptocurrency markets as key reasons for the market transfer. The company recently indicated it expects to report record revenues and its first full year of positive EBITDA for the financial year ending June 30, 2025.
"The Board believes AIM is a more appropriate market for the Company and will enable it to attract a wider pool of investors and improve liquidity over time," the company stated in its announcement.
Tap Global operates as a regulated DLT License Holder in Gibraltar through its subsidiary Tap Global Limited. The platform allows customers to trade over 50 types of cryptoassets across multiple exchanges through a single registration, while also offering fiat currency wallets in seven major currencies including GBP, EUR, and USD.
The company currently serves over 380,000 registered users and provides payment accounts for both individual and business customers in the UK, EEA, and EU through its partnership with Clear Junction.
Peterhouse Capital Limited is acting as AQSE Corporate Adviser, while SPARK Advisory Partners Limited will serve as Nominated Adviser for AIM purposes. Tennyson Securities will continue as the company’s broker following admission.
This announcement is based on a press release statement from Tap Global Group plc.
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