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BIGG Digital Assets Inc. (BIGG.CN)

Canadian Sec - Canadian Sec Real Time Price. Currency in CAD
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3.0800+0.1600 (+5.48%)
As of 9:58AM EDT. Market open.
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Previous Close2.9200
Open3.1000
Bid3.0800 x 0
Ask3.1000 x 0
Day's Range3.0000 - 3.2100
52 Week Range0.0500 - 5.0500
Volume420,323
Avg. Volume3,567,073
Market Cap431.961M
Beta (5Y Monthly)2.49
PE Ratio (TTM)N/A
EPS (TTM)-0.0330
Earnings DateApr. 19, 2021
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • BIGG Digital Assets Inc. (BIGG) subsidiary Blockchain Intelligence Group partners with Brane Capital to expand compliance offerings to Government Agencies and Financial Institutions
    GlobeNewswire

    BIGG Digital Assets Inc. (BIGG) subsidiary Blockchain Intelligence Group partners with Brane Capital to expand compliance offerings to Government Agencies and Financial Institutions

    COMPREHENSIVE COMPLIANCE PLATFORM ADDS VAULT BANK-GRADE CUSTODYVANCOUVER, British Columbia, April 22, 2021 (GLOBE NEWSWIRE) -- BIGG Digital Assets Inc. ("BIGG" or the "Company") (CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), 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 its partnership with Brane Capital, a Canadian fintech company, focused on the emergent digital asset market. This partnership will provide highly secure custodial solutions with continuous address monitoring for financial institutions and law enforcement agencies, closing the gap between government institutions, regulated financial institutions, and the emerging blockchain industry. The combined solutions give customers the option to integrate BIG’s blockchain compliance solutions within Brane's existing infrastructure. BIG's Compliance Suite platform will enhance compliance capabilities for financial institutions and law enforcement customers, bringing real-time transaction monitoring and high-risk transactions under one roof. Brane Capital built a proprietary one-stop vault protection protocol that allows the account holder to secure a wide range of cryptocurrencies, with one step in the event of account breach or unexpected loss of an authority holder. This partnership will prevent future losses of cryptocurrency resulting from the loss of a single person or entity holding the unshared private keys. This proprietary protection is designed to prevent scenarios like the QuadrigaCX locked wallet case. Law enforcement customers can quickly liquidate their crypto into fiat currency using BIGG’s Netcoins cryptocurrency exchange, and without having to go through an auction process which is how seized cryptocurrency is currently liquidated. The combined offering will also allow law enforcement agents and financial institutions to monitor high-risk addresses. “This partnership and its combined capabilities further enhances Brane’s turnkey custody solution, and closes the gap on crypto compliance for our institutional clients,” said Brane President Jerome Dwight, former CEO of Bank of New York Mellon Canada. “These additional capabilities enable Brane to bring a truly standout offering to the Canadian and global markets, and will establish our leadership position in digital asset custody services.” Lance Morginn, President of Blockchain Intelligence Group, said that “Brane Capital is uniquely positioned to help BIG expand our products and services in the crypto custody services space. This collaboration helps financial institutions and law enforcement agencies protect the crypto industry and ensure compliance under the current regulations. The custody solution Brane Capital has built allows for secure custody with built-in secure emergency protocols.” Also, pursuant to the Company’s stock option plan and subject to regulatory approval, it has granted stock options to its directors, officers, employees and consultants to purchase an aggregate 245,000 common shares in the capital of the Company at an exercise price of $3 per common share for a period of five years. The stock options will vest over a 24 month period, with 25% of the options vesting on each of the 6th, 12th, 18th and 24 month anniversary of the grant date. The securities represented by this grant will be subject to a four-month hold period. On behalf of Board Mark BinnsCEOmark@biggdigitalassets.comT:+1.844.515.2646 The CSE does not accept responsibility for the adequacy or accuracy of this press release. 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 owns two operating companies: Blockchain Intelligence Group (blockchaingroup.io) and Netcoins (netcoins.ca). Blockchain Intelligence Group (BIG) has developed a Blockchain-agnostic search and analytics engine, QLUE™, enabling Law Enforcement, RegTech, Regulators, and Government Agencies to visually track, trace and monitor cryptocurrency transactions at a forensic level. Our commercial product, BitRank Verified®, offers a risk score for cryptocurrencies, enabling RegTech, banks, ATMs, exchanges, and retailers to meet traditional regulatory/compliance requirements. Netcoins develops brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. Netcoins utilizes BitRank Verified® software at the heart of its platform and facilitates crypto trading via a self-serve crypto brokerage portal at Netcoins.app. For more information and to register to BIGG’s mailing list, please visit our website at https://www.biggdigitalassets.com About Brane Capital Founded in 2017, Brane is a blockchain innovation company. Brane helps organizations understand and unlock the power of the blockchain and digital assets. Brane Vault, its digital asset custody service, is ISO 27001 certified – first in the world with cryptocurrency in scope, ISO 27017 certified, and NIST Tier 4 — the first company in Canada, in any industry, to receive such certification. Brane Vault offers advanced proprietary technology and processes with over 20 provisional patents and is fully insured against theft and crime.

  • BIGG Digital Assets Inc. Subsidiary Netcoins Announces Transactional Record, Processing $23 Million in Daily Trades
    GlobeNewswire

    BIGG Digital Assets Inc. Subsidiary Netcoins Announces Transactional Record, Processing $23 Million in Daily Trades

    VANCOUVER, British Columbia, April 21, 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 a new daily trading record, processing over $23 Million in digital asset trades on April 20th. Netcoins also set a daily customer signup record with 900+ registrations in the past 24 hours, or a new signup every ~1.5 minutes. We would also like to continue to highlight that Netcoins’ revenue model is solely dependent on trading, where a percentage of every trade is booked as revenue, regardless of the price of the underlying crypto asset being traded. Highly volatile days for Bitcoin, and crypto assets, drive higher trading volumes and higher revenues even if the assets are trending downward. Netcoins president, Mitchell Demeter, remarks “Netcoins’ monthly trading volumes continue to rise as new customers join the platform from across Canada seeking exposure to digital assets. We are also seeing an increase in institutional investors signing up for Netcoins, further helping our volume growth. We are actually growing the overall crypto market in Canada daily, as most customers are still new to digital asset trading, and Netcoins is helping them get started.” On behalf of the Board Mark BinnsCEOmark@biggdigitalassets.comT:+1.844.515.2646 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 owns two operating companies: Netcoins (netcoins.ca) and Blockchain Intelligence Group (blockchaingroup.io). Netcoins develops brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. Netcoins utilizes BitRank Verified® software at the heart of its platform and facilitates crypto trading via a self-serve crypto brokerage portal at Netcoins.app. Blockchain Intelligence Group (BIG) has developed a Blockchain-agnostic search and analytics engine, QLUE™, enabling Law Enforcement, RegTech, Regulators and Government Agencies to visually track, trace and monitor cryptocurrency transactions at a forensic level. Our commercial product, BitRank Verified®, offers a “risk score” for cryptocurrencies, enabling RegTech, banks, ATMs, exchanges, and retailers to meet traditional regulatory/compliance requirements. For more information and to register to BIGG’s mailing list, please visit our website at https://www.biggdigitalassets.com. Or visit SEDAR at www.sedar.com. Forward-Looking Statements: Certain statements in this release are forward-looking statements, which include completion of the search technology software 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, 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. Important factors that could cause actual results to differ materially from BIGG’s expectations include, consumer sentiment towards BIGG’s products and Blockchain technology generally, technology failures, competition, 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 Inc. Subsidiary Netcoins Announces Quarterly Revenue Grew 337% (4.4x) Quarter over Quarter in Q1 2021
    GlobeNewswire

    BIGG Digital Assets Inc. Subsidiary Netcoins Announces Quarterly Revenue Grew 337% (4.4x) Quarter over Quarter in Q1 2021

    VANCOUVER, British Columbia, April 19, 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 (“BIG”), a leading developer of Blockchain technology search, risk-scoring and data analytics solutions, is pleased to provide a corporate update on Netcoins’ Q1 progress. Netcoins (Netcoins.ca) is pleased to announce that Q1 2021 revenues grew by 337% (or 4.4x) Quarter over Quarter (QoQ) to ~$3.4 million1 and trading volumes set a significant quarterly record exceeding $264 million. Further, Netcoins would like to update shareholders with the following key metrics from Q1 2021: Quarterly revenues grew 337% (4.4x) and 1976% YoYTrading Volumes grew 266% (3.7x) QoQ and 1950% YoYNew subscribers grew by 236% (3.4x) QoQ and 853% YoYAssets Under Custody (AUC) has grown 227% (3.3x) QoQDaily verified users (full KYC) grew by 229% (3.3x) QoQTrading margins continue to track above 1% In addition, Netcoins revenue in the first half of April (April 1-15) has continued to accelerate, growing by 42% over March 1-15, and transaction volume grew by 44% over the same period. 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. Further, Netcoins continued to expand its marketing programs across Canada with national TV ads, including National Hockey League and prime time news programming, national radio ads and a wide range of social media ads and social influencer promotion. Netcoins also added multiple customer support representatives to continue delivering industry leading support to our valued customers, and a seasoned product manager to guide the ongoing product and feature development of Netcoins.ca and Netcoins.app. Netcoins also continues to answer questions, and actively engage with the BCSC, and CSA, on its pending Restricted Dealer License. We are actively working towards approval and will provide more updates as they become available. We would also like to continue to highlight that Netcoins’ revenue model is solely dependent on trading, where a percentage of every trade is booked as revenue, regardless of the price of the underlying crypto asset being traded. Highly volatile days for Bitcoin, and crypto assets, drive higher trading volumes and higher revenues even if the assets are trending downward. Netcoins president, Mitchell Demeter remarks, “Netcoins had a great Q1, with very significant volume and revenue increases, along with product enhancements and customer support expansion. We are also actively laying the groundwork for future geographical expansion, regulatory approvals, and strategic partnerships. We look forward to providing more updates to shareholders in the near future.” On behalf of the Board Mark BinnsCEOmark@biggdigitalassets.comT:+1.844.515.2646 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 owns two operating companies: Netcoins (netcoins.ca) and Blockchain Intelligence Group (blockchaingroup.io). Netcoins develops brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. Netcoins utilizes BitRank Verified® software at the heart of its platform and facilitates crypto trading via a self-serve crypto brokerage portal at Netcoins.app. Blockchain Intelligence Group (BIG) has developed a Blockchain-agnostic search and analytics engine, QLUE™, enabling Law Enforcement, RegTech, Regulators and Government Agencies to visually track, trace and monitor cryptocurrency transactions at a forensic level. Our commercial product, BitRank Verified®, offers a “risk score” for cryptocurrencies, enabling RegTech, banks, ATMs, exchanges, and retailers to meet traditional regulatory/compliance requirements. For more information and to register to BIGG’s mailing list, please visit our website at https://www.biggdigitalassets.com. Or visit SEDAR at www.sedar.com. Forward-Looking Statements: Certain statements in this release are forward-looking statements, which include completion of the search technology software 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, 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. Important factors that could cause actual results to differ materially from BIGG’s expectations include, consumer sentiment towards BIGG’s products and Blockchain technology generally, technology failures, competition, 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.