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BIGG Digital Assets Inc. (BBKCF) is a prominent player in the digital assets industry, owning Blockchain Intelligence Group, Netcoins, and TerraZero. The company focuses on innovation and expanding its product offerings, such as the QLUE platform, to support its growing user base. With a strong presence in the market, BIGG continues to drive advancements in the blockchain and cryptocurrency sectors.
BIGG Digital Assets has launched TokenEyes, a groundbreaking crypto asset security platform available on iOS, Android, and web. The platform enables users to check wallet addresses for potential scams, fraud, or illicit activities before transactions. TokenEyes monitors 15 cryptocurrencies and over 5.6 million digital assets, offering real-time monitoring and risk detection features.
The platform includes both free and premium subscription plans, with the free version supported by advertising revenue. TokenEyes leverages a database of over 50 billion data points and provides features such as real-time wallet monitoring, risk checks, multiple cryptocurrency address tracking, and instant transaction notifications.
Netcoins, owned by BIGG Digital Assets, reports record-breaking trading activity in November 2024, with volume exceeding $100M CAD. The company generated over $1.5M CAD in revenue, marking a 240% increase from November 2023. Assets Under Custody reached $174.9M, up 63% from Q3 2024 and 181% from Q3 2023. The surge in activity coincides with Bitcoin's sharp price increase to $140,000 CAD following the US elections. The company plans to launch an upgraded Web Application with Trading View and advanced metrics, setting the foundation for new products in 2025.
BIGG Digital Assets Inc. (TSXV: BIGG) celebrated its new listing on the TSX Venture Exchange by opening the market on September 17, 2024. Led by Interim CEO Dan Reitzik, the company is positioned as a leading innovator in the digital assets space. BIGG operates through three main business segments:
1. Big data/blockchain technology development
2. Digital currency brokerage
3. Immersive metaverse experiences
The company aims to meet current customer needs while anticipating future demands in the evolving digital assets industry. This market opening event marks a significant milestone for BIGG Digital Assets as it expands its presence in the public markets.
LUXXFOLIO Holdings Inc. (CSE: LUXX, OTCQB: LUXFF) announced a strategic investment of CAD $2 million from BIGG Digital Assets Inc. (CSE: BIGG, OTCQX: BBKCF). This investment includes 12.5 million common shares and 12.5 million warrants, giving BIGG approximately 15% ownership in LUXXFOLIO. The funds will facilitate LUXXFOLIO's growth in Bitcoin mining and decentralized data storage. BIGG will have the right to appoint one member to LUXXFOLIO's board as long as their equity interest remains above 10%. The warrant exercise is pegged to market performance with potential acceleration clauses.
BIGG Digital Assets Inc. (OTCQX: BBKCF) announced that its subsidiary, Netcoins, has achieved registration as a restricted dealer in multiple Canadian provinces. This designation positions Netcoins as one of the first registered crypto trading platforms in Canada, marking a significant milestone for the company and the cryptocurrency industry. The regulatory approval enables Netcoins to expand advertising efforts, improve its product offerings, and grow its customer base through enhanced marketing strategies. The company anticipates further developments in Q4 2021, including expansions and new product launches.
Netcoins.ca, a subsidiary of BIGG Digital Assets (OTCQX:BBKCF), has publicly disagreed with the World Bank regarding El Salvador's decision to adopt Bitcoin as legal tender. The World Bank criticized the move due to environmental concerns and lack of transparency. Netcoins.ca argues that legal Bitcoin adoption could enhance economic stability, benefitting the 70% of El Salvador's unbanked population by facilitating remittances with lower fees. President Mitchell Demeter emphasized that the World Bank's opposition stems from a desire to maintain control rather than support economic growth.