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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 forrest6748on Apr 19, 2021 8:09am
96 Views
Post# 33020630

Interesting news for ETFs

Interesting news for ETFs

Globe says OSC gives green light to Ether ETFs

Ontario Securities Commission (C:*OSC)
Monday April 19 2021 - In the News

Also Purpose Bitcoin ETF (C:BTCC) In the News
Also Bitcoin ETF (C:EBIT) In the News

The Globe and Mail reports in its Saturday edition that Canadian asset managers are racing to launch the world's first cryptocurrency exchange-traded fund to track the price performance of Ether now that regulators have given several investment funds the green light. The Globe's Clare O'Hara writes that on Friday, Purpose Investments, Evolve Funds and CI Global Asset Management were all cleared by the Ontario Securities Commission to launch the first set of ETFs to invest directly in the digital asset, currently the world's second-largest cryptocurrency by market capitalization, behind Bitcoin. Neither Bitcoin nor Ether -- the cryptocurrency of software platform Ethereum -- is backed by any country's central bank. They both typically trade through on-line exchanges, are stored in various cryptocurrency wallets and make use of blockchain, a transparent, distributed ledger technology. Ethereum was developed in Canada in 2013 and has a market cap of $278-billion. Earlier this year, the Purpose Bitcoin ETF (BTCC) gained first mover advantage when it hit the market the day before Evolve Funds Group's Bitcoin ETF (EBIT). Investor interest soared; more than $1-billion change hands in the first week of trading.


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