BIGG Digital Assets Inc V.BIGG

NEWS: BIGG Digital Assets Selected by LQwD

[forrest6748]

BIGG Digital Assets Selected by LQwD as Preferred Liquidity Partner and Compliance Software Provider; LQwD to Provide BIGG with Bitcoin Lightning Network Capability 

VANCOUVER, British Columbia, Oct. 13, 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, and owner of Blockchain Intelligence Group (blockchaingroup.io) (“BIG”), a leading developer of blockchain technology search, risk-scoring and data analytics solutions, is pleased to announce we have entered into a strategic partnership with LQwD Fintech Corp (TSXV: LQWD, OTC: LQWDF).

Under the agreement, Netcoins, a wholly-owned subsidiary of BIGG and restricted crypto dealer in each province and territory in Canada, will serve as LQwD’s preferred liquidity provider.  Additionally, BIGG’s Blockchain Intelligence Group (Blockchaingroup.io), and Netcoins affiliate, will provide LQwD with a suite of institutional and government grade compliance software, including BitRank^® and QLUE™. 

Netcoins will also establish a node on the Bitcoin Lightning Network via LQwD’s proprietary Lightning PaaS (Platform as a Service) software. This marks the first institutional grade Lightning payment channel for Netcoins and BIGG. 

Shone Anstey, Chairman and CEO of LQwD, commented, “We are grateful to have a strong relationship with Netcoins and Blockchain Intelligence Group as we expand our footprint in the rapidly emerging Bitcoin Lightning Network. LQwD can now leverage BitRank^® and QLUE™ for our AML needs and route crypto purchases for our Coincurve.com and additional platforms through Netcoins, Canada's first publicly traded, licensed crypto trading platform. It also allows Netcoins to have an early mover advantage in the Canadian markets for handling instant deposits and withdrawals of Bitcoin via the Bitcoin Lightning Network."

Mark Binns, BIGG CEO, remarked, “As the only publicly owned and regulated crypto trading platform in Canada, becoming the liquidity partner for LQwD makes perfect sense. We can offer LQwD industry leading rates as an institutional customer, and bundle BitRank^® and QLUE™ blockchain tech for a complete package. Correspondingly, we are thrilled to establish a node with LQwD on the fast growing Lightning Network. “

On behalf of the Board
Mark Binns
CEO
[e-mail] 

Investor Relations
Victoria Rutherford
[e-mail]
T: 1.480.625.5772

[stkstroker]

Great partnership!  Time to load up on LQwD while it's still cheap!!  Check out their website.   https://lqwdfintech.com/

[Arbutus22]

I don't know much about lqwd except what is on their website. Still, you can excuse investors for the neutral reaction to the new partnership partly because its not clear to the average investor (me included) what are the immediate and long term bottom line benefits to BIGG other than BIG supplying software. And this deal must be negligible as the press release doesn't even mention the

[stkstroker]

Go to their website and watch the video under their investor section.  Lightning transactions are the next level in this game and it's going to be huge.  All I am saying is that it's an excellent entry level if you want to get in on the ground floor.  They also have a very talented and connected team putting it together.