BIGG Digital Assets Inc. (“
BIGG”
or the “
Company”)
(CSE: BIGG; OTCQX:
BBKCF; WKN: A2PS9W), a leading innovator in the digital
assets space and owner of Netcoins, Blockchain Intelligence Group,
and TerraZero is pleased to provide an update on Netcoins USA’s
expansion and Sales team hires.
- Netcoins USA
will announce its official USA expansion go-live date this
month
- To better serve
the needs of OTC and Business clients, Netcoins is adding the Web
channel to its USA platform, in addition to its Mobile
Applications
- Netcoins has
hired Erin Self and Michael Kitt to join its OTC Sales and Trading
team adding more coverage across the Canadian and the US
markets
- The Netcoins OTC Sales team will be
attending Bitcoin 2024 in Nashville, TN
Netcoins continued with its integration with
Zero Hash during Q2 per the plan, while continuing to trade in the
16 U.S. states it operates in. Netcoins strategically added several
new features in addition to utilizing Zero Hash for licenses and
infrastructure as part of its re-launch. As part of the re-launch
of Netcoins USA and the growth of the OTC Sales team, Netcoins will
be attending Bitcoin 2024 in Nashville Tennessee.
Netcoins will be completing the
following steps ahead of going live across the United
States:
- Comprehensive testing of all of the
integrations and flows with Zero Hash
- Migrating existing OTC and Business
clients to the Zero Hash-supported platform
- Adding additional Liquidity to the
platform with new partners
- Launching its updated Netcoins USA
website
- Adding new coins for trading that
were not previously available
- Implementing dedicated Individual
and Business onboarding flows for clients
- Launching Netcoins USA on the Web
and Mobile (Netcoins USA was previously Mobile only)
About Netcoins USA and Zero
Hash
- Netcoins USA signed an agreement
with Zero Hash to expand across 48 states, with over 60 crypto
assets available for trading.
- Zero Hash provides infrastructure
and licensing as a service through partnerships with Netcoins which
allows Netcoins to utilize their Money Transmission Licenses (MTLs)
through a licensing agreement
- Netcoins will continue to operate
as usual before cutting over to the Zero Hash licensing and
infrastructure in the USA.
- Netcoins USA will provide services
to retail investors, high-net-worth individuals and corporate
clients through a bespoke client management support model.
Netcoins is expanding its OTC Sales team
in Canada and the United States to capitalize on Netcoins USA’s
expansion and positive tailwinds in the North American crypto
market.
“We have been planning our hiring efforts around
the re-launch of Netcoins USA, giving us deeper reach into the US
market”, said Netcoins CEO Fraser Matthews. “Both of our hires are
strategic, bringing crypto industry veterans to join our Netcoins
OTC Sales and Trading team. Erin is based in the United States and
joins us from Lazard Asset Management and BlockFi where she has
focused on Institutional Clients. Mike resides in Vancouver,
bringing deep sales and operational experience on both sides of the
border.”
Netcoins OTC Trading update video can be found
here: https://www.youtube.com/watch?v=0w1QkStODUo
About Erin SelfErin Self is a
crypto industry veteran, joining Netcoins from Lazard Asset
Management where she was the Vice President in the Institutional
Client Group. Erin has also held Senior positions with BlockFi and
BNY Mellon where she focused on Digital Assets and Private Wealth
Management. Before joining the Financial Industry, Erin was a
United States Air Force Services Specialist. Erin is based in New
York and holds a FINRA SIE, National Futures Association Series 31,
FINRA Series 63 and FINRA Series 7 in addition to a Bachelor of
Arts from the University of Missouri-Kansas City.
About Michael KittMichael
(Mike) Kitt is a crypto native with experience in Business
Development and building Bitcoin businesses. Michael has worked in
Consulting and Business Development with Kairos Technologies,
DigitalMint and Honey Badger ATM. Before working exclusively within
the Crypto Industry, Michael spent over 4 years with Canaccord
Genuity Group as a Business Development Manager. Michael has a
Bachelor of Commerce from the University of Victoria, is a
Cryptocurrency Tracing Certified Examiner and is a Certified
Bitcoin Professional.
Dan ReitzikInterim
CEOir@biggdigitalassets.com778.819.3890
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
has three portfolio companies: Netcoins (netcoins.com), Blockchain
Intelligence Group (blockchaingroup.io), and TerraZero
(terrazero.com).
Blockchain Intelligence Group
is an industry-leading digital asset forensics, anti-money
laundering detection, and cryptocurrency investigations company. At
the heart of our operations is a deep-rooted expertise in
visualizing digital assets and market-related activities. This
expertise is leveraged to monitor transactional data with a
constant eye to assist our customers with risk management, due
diligence, and forensic services for digital assets. For more
information please visit our website www.BlockchainGroup.io.
Netcoins offers secure crypto
trading in Canada and the USA, with a mission to make crypto
trading easy. Netcoins has a robust product offering with over 50
assets for Crypto Trading, Netcoins Pay Mastercard and Staking
(Canada Only). Netcoins facilitates crypto trading via its
cutting-edge Mobile and Web applications and its OTC Trading Desk.
For more information please visit our website www.netcoins.com.
TerraZero Technologies Inc. is
a vertically integrated Metaverse development group and leading
Web3 technology company specializing in helping brands create
immersive experiences. TerraZero's Metaverse-agnostic vision is to
develop and implement products and services with scalable
commercial applications to flourish engagement across gamified
experiences where enterprise-level businesses, metaverse platforms,
and Web3 creators can seamlessly bridge and actionably grow their
virtual world and the physical world endeavours together as one.
TerraZero owns digital real estate for brands to establish a
presence in existing virtual worlds and can also offer brands their
own private worlds to provide offices and services to those
interested in the metaverse. Furthermore, TerraZero acquires,
designs, builds, and operates virtual assets and solutions to
monetize the metaverse ecosystem. TerraZero’s businesses are
segmented into five (5) divisions which include: (1) immersive
experience creation in existing or private virtual worlds; (2)
advertising; (3) data analytics; (4) events and marketing; and (5)
development of the Intraverse. TerraZero aims to support the
community, foster innovation, and drive adoption. For more
information, please visit https://terrazero.com/ or contact
hello@terrazero.com.
For more information and to register for BIGG’s
mailing list, please visit our website at
https://www.biggdigitalassets.com. Or visit SEDAR+ at
www.sedarplus.ca.
Future operating results could also be
materially affected by the price of cryptocurrency and the demand
(or lack thereof) for cryptocurrency. In addition, BIGG’s past
financial performance may not be a reliable indicator of future
performance.
Forward-Looking
StatementsCertain statements in this release are
forward-looking statements or information, which include the
expected opportunities, outcomes, potential and benefits of the
Company’s products and services, completing the Netcoins USA
expansion with Zero Hash and the expected timelines, attending a
conference in Nashville, USA, adding more features to the Netcoins
USA platform and offering, the expected adoption and growth of
cryptocurrency and the Company’s products and services, adding
additional cryptocurrency assets to Netcoins, evaluating,
researching and predicting market trends, the development and
completion of products and services, the launch of products and
services, events, plans, courses of action, and the potential of
the Company’s technology and operations 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
forward-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, the ability to manage operating expenses, which may
adversely affect the Company’s financial condition, the ability to
remain competitive as other better financed competitors develop and
release competitive products, volatility in the trading price of
the common shares of the Company, the demand and pricing of
cryptocurrency, the Company’s ability to successfully define,
design and release new products in a timely manner that meet
customers' needs; the ability to attract, retain and motivate
qualified personnel; competition in the industry; 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. The
securities of BIGG are considered highly speculative due to the
nature of BIGG’s business. For further information concerning these
and other risks and uncertainties, refer to the Company’s website
and filings on www.sedarplus.ca. In addition, BIGG’s past
performance may not be a reliable indicator of future
performance.
Important factors that could cause actual
results to differ materially from BIGG’s expectations include
consumer sentiment towards BIGG’s products and Cryptocurrency,
Blockchain and Metaverse technology generally, technology failures,
the lack of demand for the company’s products and services,
fluctuations in the price of cryptocurrency, the ability to
successfully define, design, and release new products in a timely
manner that meet customers’ needs; the ability to attract, retain,
and motivate qualified personnel; competition in the industry; the
ability to obtain and/or maintain licences, permits and approvals
that are necessary to operate the business; the impact of
technology changes on the products and industry; failure to develop
new and innovative products; the ability to successfully maintain
and enforce our intellectual property rights and defend third-party
claims of infringement of their intellectual property rights; the
impact of intellectual property litigation that could materially
and adversely affect the business; the ability to manage working
capital; increase in costs and expenses; the dependence on key
personnel; competition; the demand and pricing of cryptocurrencies
and NFTs (including digital assets); litigation; security threats,
including a loss/theft of NFTs, cryptocurrencies, and other assets;
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.
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