Tap Global locks in 63% of shares as leadership commits to long-term growth

The latest announcement is out from Quetzal Capital PLC ( (GB:TAP) ).

Tap Global Group plc, a listed fintech focused on the convergence of traditional finance and digital assets, delivers a unified app for fiat payments and crypto trading, settlement, and spending, underpinned by regulated entities in Europe, Bulgaria, and the U.S. The company’s infrastructure and card partnerships allow customers to trade, hold, and seamlessly use cryptocurrencies in everyday transactions across global merchant networks.

Tap Group has announced that its directors and certain senior leaders have entered into a legally binding Founder Alignment Deed, voluntarily locking in approximately 63% of the company’s issued share capital for at least three years. The framework bans any open-market share sales even after the lock-in, restricts leadership liquidity to Board-approved capital-raising events with a 20% cap on secondary sales, and is designed to tightly align management incentives with long-term share price performance and shareholder value.

Under the new structure, leadership can only realise value alongside growth-focused equity fundraises, ensuring that at least 80% of proceeds from such raises flow to the company as primary capital. The board says this unusually strict commitment, which excludes performance-linked option shares and contains only standard exemptions, sets a high bar for governance and investor alignment among listed fintechs, signalling confidence in Tap’s long-term growth prospects.

More about Quetzal Capital PLC

Tap Global Group plc is a digital finance company that bridges traditional banking and blockchain, offering over 400,000 individual and business customers integrated fiat payments and cryptocurrency settlement via its Tap app. Users can trade more than 50 cryptocurrencies, access several major exchanges, store assets in app wallets, and in Europe spend crypto via a Mastercard-approved Tap card accepted at over 37 million merchants.

The group operates through Tap Global Limited in Gibraltar, which is licensed by the Gibraltar Financial Services Commission, a Bulgarian VASP-registered subsidiary positioned for EU MiCA grandfathering, and Tap Americas LLC in Florida, which provides U.S. access to crypto services through Chicago-based infrastructure partner Zero Hash.

Average Trading Volume: 1,272,956

Technical Sentiment Signal: Strong Sell

Current Market Cap: £642.4K

See more data about TAP stock on TipRanks’ Stock Analysis page.