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BIGG Digital Assets Inc V.BIGG

Alternate Symbol(s):  BBKCF

BIGG Digital Assets Inc. owns, operates and invests in crypto businesses. The Company’s principal business activity is investing in companies in the digital asset space. It operates through three business segments: blockchain technology development, digital currency sales via the Netcoins App and immersive metaverse experiences. It has three portfolio companies: Netcoins Inc. (netcoins.com), Blockchain Intelligence Group (blockchaingroup.io), and TerraZero Technologies Inc. (terrazero.com). Netcoins offers secure crypto trading in Canada and the United States and has a robust product offering with over 50 assets for Crypto Trading, Netcoins Pay Mastercard and Staking (Canada Only). TerraZero Technologies Inc. is a vertically integrated Metaverse development group and Web3 technology company specializing in helping brands create immersive experiences. Blockchain Intelligence Group is a digital asset forensics, anti-money laundering detection, and cryptocurrency investigations company.


TSXV:BIGG - Post by User

Post by Arbutus22on Apr 09, 2021 8:17pm
256 Views
Post# 32971705

Licensing

LicensingRegarding BCSC / CSA licensing, keep in mind that there's more to licensing than being first past the post. More investors are contacting traditional investment firms saying they want to invest in crypto coins. And, more importantly, more companies / institutions are considering holding crypto. But the governing documents of these organizations will not allow them to invest funds in anything but a licensed, regulated institution, such as Netcoins will be shortly. As long as Netcoins is the only licensed game in town, ALL business from these kinds of organizations will go to Netcoins. Also, it's not like traditional investment firms can wave a wand and set up their own crypto trading platform. They may do so one day but that is much further down the road. In the meantime, Netcoins/BIGG keeps growing, snarling the lions share of the crypto trading market in Canada, in the process becoming a formidable independent player, and likely target acquisition by one of the big 6 CAD banks sometime in the future. Interesting piece in Barrons touches on some of these issues (though does not specifically mention BIGG): https://www.barrons.com/articles/how-to-buy-and-invest-in-bitcoin-and-other-cryptocurrencies-now-51617985401?mod=hp_LEAD_1
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