BIGG Digital Assets Inc. (“
BIGG”
or the “
Company”)
(CSE: BIGG; OTCQX:
BBKCF; WKN: A2PS9W), a leading innovator in the digital
assets space and owner of Netcoins, Blockchain Intelligence
Group and TerraZero is pleased to provide an update on the momentum
in the crypto market and crypto trading results from Netcoins in
November 2023.
Netcoins saw significant trading volume
in NovemberDuring the month of November it was clear that
there is a change in market sentiment as investors have been
allocating more capital into cryptocurrencies and crypto stocks.
Crypto trading kicked off with significant uplift in December as
Bitcoin (BTC) hit an 18 month high of USD$42,000, now up 150% on
the year. Inflows to the crypto market have increased
significantly, mirroring volumes last seen during the October 2021
bullrun.
Netcoins trading volumes and
revenues have been hand in hand with this positive market movement
and sentiment. Netcoins overall trading volume was up significantly
in November, up nearly 93% Month over Month with over CAD$43M worth
of crypto traded through the platform in November. Customer
deposits rose 40% month over month as crypto investors look to get
engaged with trading in the market. Netcoins saw its overall
trading volume rise 27% from the prior month, a sign that the
market volatility was triggering trading action on the
platform.
“Netcoins customers have been very active with
the recent volatility in the market and we expect to see more
activity and increased trading volumes into the new year,” stated
Netcoins President Fraser Matthews. “We have been building a number
of investor friendly features during 2023 to ensure that connected
investors are on top of their game. Whether it is a Price Alert,
Netcoins Coin Widget or a fully executable Limit Order, we have
built out capabilities for Netcoins users to take control of their
trading in real-time. We want to ensure that we can give investors
real time information to help them to invest in the market as it
moves. We are also seeing a rise in the popularity of our Ethereum
Staking program with over 11% of Netcoins ETH holders Staking their
assets.”
Netcoins OTC Trading is off to a great
startDuring the month of November, Netcoins saw over
$17.2M traded through its OTC Desk. Netcoins OTC Trading desk is
focused on servicing high net worth individuals, corporates,
institutions and family offices to ensure we meet their bespoke
trading needs. The OTC desk also has the unique opportunity to work
with clients across North America through Netcoins Inc (Canada) and
Netcoins USA.
“It was a natural addition for Netcoins to start
offering OTC trading services in order to give the more advanced
clients; including corporate, institutional and high net worth
individuals a more tailored and professional experience,” said
Fraser Matthews.
“Whether we’re consulting with our corporate
clients regarding their exposure to digital assets or working with
a cross border remittance partner, our OTC suite of services
provide value and allow our business to grow beyond the retail
demographic,” explained OTC Sales and Trading Lead Andrew
Bulman.
Netcoins OTC Trading will be rolling out an API
Trading solution to clients during the month of December. This
product has existed within the Netcoins ecosystem for ATM Operators
and will be expanded to work with Corporate and Individual
clients.
Stock Option GrantThe Company
announces that pursuant to its stock option plan and subject to
regulatory approval, it has granted 6,054,000 incentive stock
options to directors, officers, consultants and employees at an
exercise price of $0.30 per common share for a five-year term. The
stock options will be subject to vesting requirements over a period
of up to 24 months. The securities represented by this grant will
be subject to a four-month hold period.
On behalf of the Board
Dan ReitzikInterim CEO
ir@biggdigitalassets.com
About BIGG Digital Assets Inc.
BIGG Digital Assets Inc. (BIGG) believes the future of crypto is a
safe, compliant, and regulated environment. BIGG invests in
products and companies to support this vision. BIGG has three
portfolio companies: Netcoins (netcoins.com), Blockchain
Intelligence Group (blockchaingroup.io), and TerraZero
(terrazero.com).
Blockchain Intelligence Group
is an industry leading digital asset forensics, anti-money
laundering detection, and cryptocurrency investigations company. At
the heart of our operations is a deep-rooted expertise in
visualizing digital assets and market related activities. This
expertise is leveraged to monitor transactional data with a
constant eye to assisting our customers with risk management, due
diligence, and forensic services for digital assets.
Netcoins offers safe and secure
crypto trading in Canada and the USA, with a mission to make
cryptocurrency easily accessible to the mass consumer and investor
with a focus on fast, simple and transparent trading. Netcoins has
a robust product offering with Crypto Trading, Netcoins Pay
Mastercard and Netcoins Staking. Netcoins utilizes BitRank
Verified® software at the heart of its platform and facilitates
crypto trading via its cutting-edge Mobile and Web applications.
For more information please visit our website www.netcoins.com.
TerraZero Technologies Inc. is
a vertically integrated Metaverse development group and leading
Web3 technology company specializing in helping brands create
immersive experiences. TerraZero’s Metaverse-agnostic vision is to
develop and implement products and services with scalable
commercial applications to flourish engagement across gamified
experiences where enterprise-level businesses, metaverse platforms,
and Web3 creators can seamlessly bridge and actionably grow their
virtual world and the physical world endeavors together as one.
TerraZero owns digital real estate for brands to establish presence
in existing virtual worlds and can also offer brands their own
private worlds to provide offices and services to those interested
in the metaverse. Furthermore, TerraZero acquires, designs, builds,
and operates virtual assets and solutions to monetize the metaverse
ecosystem. TerraZero’s businesses are segmented into five (5)
divisions which include: (1) immersive experience creation in
existing or private virtual worlds; (2) advertising; (3) data
analytics; (4) events and marketing; and (5) development of the
Intraverse. TerraZero aims to support the community, foster
innovation, and drive adoption. For more information, please visit
https://terrazero.com/ or contact hello@terrazero.com.
For more information and to register for BIGG’s
mailing list, please visit our website
at https://www.biggdigitalassets.com. Or visit SEDAR+ at
www.sedarplus.ca.
Future operating results could also be
materially affected by the price of cryptocurrency and the demand
(or lack thereof) for cryptocurrency. In addition, BIGG’s past
performance may not be a reliable indicator of future
performance.
Forward-Looking
Statements:Certain statements in this release are
forward-looking statements, which include the expected
opportunities, outcomes, potential and benefits of the Company’s
products and services, the expected adoption and growth of
cryptocurrency and the Company’s products and services, the
continued growth, enthusiasm, demand and momentum in the
cryptocurrency markets and in BIGG’s products and services in
particular, the development and completion of products and
services, the launch of products and services and the expected
timelines (including the API Trading Solution), events, plans,
courses of action, and the potential of the Company’s technology
and operations and other matters. Forward-looking statements
consist of statements that are not purely historical, including any
statements regarding beliefs, plans, expectations or intentions
regarding the future. Such information can generally be identified
by the use of forwarding-looking wording such as “may”, “expect”,
“estimate”, “anticipate”, “intend”, “believe” and “continue” or the
negative thereof or similar variations. Readers are cautioned not
to place undue reliance on forward-looking statements, as there can
be no assurance that the plans, intentions or expectations upon
which they are based will occur. By their nature, forward-looking
statements involve numerous assumptions, known and unknown risks
and uncertainties, both general and specific that contribute to the
possibility that the predictions, estimates, forecasts, projections
and other forward-looking statements will not occur. These
assumptions, risks and uncertainties include, among other things,
the state of the economy in general and capital markets in
particular, the ability to manage operating expenses, which may
adversely affect the Company’s financial condition, the ability to
remain competitive as other better financed competitors develop and
release competitive products, volatility in the trading price of
the common shares of the Company, the demand and pricing of
cryptocurrency, the Company’s ability to successfully define,
design and release new products in a timely manner that meet
customers’ needs; the ability to attract, retain and motivate
qualified personnel; competition in the industry; and other
factors, many of which are beyond the control of BIGG.
Forward-looking statements contained in this press release are
expressly qualified by this cautionary statement. Undue reliance
should not be placed on the forward-looking information because
BIGG can give no assurance that they will prove to be correct. The
securities of BIGG are considered highly speculative due to the
nature of BIGG’s business. For further information concerning these
and other risks and uncertainties, refer to the Company’s website
and filings on www.sedarplus.ca. In addition, BIGG’s past
performance may not be a reliable indicator of future
performance.
Important factors that could cause actual
results to differ materially from BIGG’s expectations include
consumer sentiment towards BIGG’s products and Cryptocurrency and
Blockchain technology generally, technology failures, the lack of
demand for the company’s products and services, fluctuations in the
price of cryptocurrency, the ability to successfully define,
design, and release new products in a timely manner that meet
customers’ needs; the ability to attract, retain, and motivate
qualified personnel; competition in the industry; the impact of
technology changes on the products and industry; failure to develop
new and innovative products; the ability to successfully maintain
and enforce our intellectual property rights and defend third-party
claims of infringement of their intellectual property rights; the
impact of intellectual property litigation that could materially
and adversely affect the business; the ability to manage working
capital; and the dependence on key personnel; competition; the
demand and pricing of cryptocurrencies and NFTs (including digital
assets); litigation; security threats, including a loss/theft of
NFTs, cryptocurrencies, and other assets; and failure of
counterparties to perform their contractual obligations.
The forward-looking statements contained in this
press release are made as of the date of this press release. Except
as required by law, BIGG disclaims any intention and assumes no
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise.
Additionally, BIGG undertakes no obligation to comment on the
expectations of, or statements made by, third parties in respect of
the matters discussed above.
The CSE does not accept responsibility
for the adequacy or accuracy of the content of this Press
Release.
BIGG Digital Assets (TG:7111)
과거 데이터 주식 차트
부터 8월(8) 2024 으로 9월(9) 2024
BIGG Digital Assets (TG:7111)
과거 데이터 주식 차트
부터 9월(9) 2023 으로 9월(9) 2024