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BIGG Digital Assets Inc C.BIGG

Alternate Symbol(s):  BBKCF

BIGG Digital Assets Inc. owns, operates, and invests in crypto businesses. The Company is engaged in investing in products and companies within the cryptocurrency industry. Its segments include Netcoins Inc. (Netcoins), Blockchain Intelligence Group and TerraZero Technologies Inc. (TerraZero). Blockchain Intelligence Group is a digital asset forensics, anti-money laundering detection, and cryptocurrency investigations company. Netcoins offers safe and secure crypto trading in Canada and the United States of America. Netcoins is in the business of developing brokerage and exchange software to make the purchase and sale of crypto assets easy for the mass consumer and investor with a focus on compliance, transparency, and safety. TerraZero is a vertically integrated Metaverse development company and Web3 technology company. TerraZero owns digital real estate for brands. It offers business, government, and law enforcement clients a suite of forensic solutions and advanced analytics.


CSE:BIGG - Post by User

Post by Hearne50on May 05, 2021 8:41am
197 Views
Post# 33130727

News

News

BIGG Digital Assets Inc. Subsidiary Netcoins Announces Revenue Grew 31% Month over Month in April 2021

VANCOUVER, British Columbia, May 05, 2021 (GLOBE NEWSWIRE) -- BIGG Digital Assets Inc. ("BIGG" or the "Company")(CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Netcoins (Netcoins.ca) (“Netcoins”), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, is pleased to announce that April 2021 monthly revenues grew by an impressive 31% Month over Month (MoM), and trading volumes set another consecutive monthly record at ~$147 million1.

F urther, Netcoins would like to update shareholders with the following key metrics from April:

  • Monthly revenues hit a new record high of ~$1.55 million
  • Monthly Active Users has grown by 37% MoM
  • Daily verified users (full KYC) grew by 38% MoM
  • Trading margins continue to track above 1%

1All figures are preliminary and unaudited and subject to final adjustment. Numbers above do not include revenue from subsidiary Blockchain Intelligence Group, and hence do not represent complete revenues for BIGG Digital Assets Inc.

Netcoins president, Mitchell Demeter, remarks “In April we set another new high watermark for revenue and transactions on the Netcoins platform. Our customers continue to find amazing support from our team and product, and we continue to welcome a high volume of new customers to crypto investing and trading each month. We also continue to scale our infrastructure to support our customers with a seamless technology experience. We look forward to providing more updates as the business grows.

On behalf of the Board

Mark Binns
CEO
mark@biggdigitalassets.com
T:+1.844.515.2646

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