Crypto exchange Tap Global lists on London's Aquis Exchange
By Michele Maatouk
Date: Tuesday 10 Jan 2023
(Sharecast News) - Cryptocurrency exchange Tap Global said on Tuesday that it has listed on the Aquis Stock Exchange in London.
The company raised £3.1m through a subscription for just under 68.9m shares at 4.5p each.
Chief executive David Carr said: "Our decision to list now raised some eyebrows, particularly in the wake of the FTX fallout, but it is our focus on regulation and customer protection that sets us apart from less responsible operators.
"Like any emerging technology, cryptocurrency has seen its fair share of bad actors impacting market sentiment. However, as firms that have not shown proper care in safeguarding assets fall to one side, the market will mature, leaving fully regulated and responsible firms, such as Tap, well-positioned to succeed.
"Having grown to over 100,000 users with minimal marketing spend to date, I am excited by the opportunity to accelerate user growth."
Tap, a provider of fiat banking and crypto settlement, was the first crypto FinTech company approved by Mastercard in Europe. Tap customers have access to several major crypto exchanges through the Tap App, allowing them to purchase up to 26 crypto assets and store them directly in the customer's wallet.
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