BIGG Digital Assets Inc. (“
BIGG''
or the “
Company”) (TSXV: BIGG, OTCQX: BBKCF, WKN:
A2PS9W) a leading innovator in the digital assets space and owner
of Blockchain Intelligence Group, Netcoins, and TerraZero, is
pleased to provide a review of 2024 operations and the Company’s
outlook for 2025.
2024 was a year of development, setting the
stage for strategic growth. All business segments - Netcoins,
Blockchain Intelligence Group and TerraZero Technologies - advanced
their respective technology stacks, significantly improving our
apps, products and services.
Building on the momentum of the broadening and
strengthening crypto market, BIGG’s primary focus in 2025 will the
advancement of Netcoins’ operations. Netcoins continues to mature
as a crypto business. We are looking ahead, preparing for the
future crypto market and anticipated changes within the regulatory
regime – which will include the addition of new product and service
offerings to supplement its core trading business.
Netcoins
Record trading volumes and new customer
acquisition shaped Netcoins’ 2024 story. Netcoins experienced new
customer growth with over 27,000 registrations through 2024 and
estimates total trading volume for the year at approximately $830
Million CAD, with $205 Million CAD in Assets Under Custody (AUC),
based on preliminary unaudited estimated results. To provide some
context, the 2023 trading volume at Netcoins was $285 Million CAD,
with approximately $100m CAD in Assets Under Custody.
Netcoins Trading
Netcoins offers Crypto Trading on its web and
mobile applications in Canada and the United States
Netcoins has expanded its sales team to support
institutional adoption of crypto and is focused on helping
organizations that are part of the Bitcoin Treasury movement -
where companies are increasingly adopting Bitcoin as a corporate
treasury asset, hedging against inflation and as a store of
value.
Looking Ahead to 2025
Netcoins intends to provide the following new
services for its clients in 2025:
- Advanced
Trading
- Enhanced Web App Experience
- Crypto Based Lending
- Further Market
Expansion
“We think we have established a successful
business and trading platform for our clients. In 2025, we intend
to offer more products and services beyond our Trading and Staking
services. This will allow us to meet the needs of our clients
further and expand our offerings in 2025”, said Netcoins CEO Fraser
Matthews.
In 2025 and beyond, we intend to position
Netcoins as not only one of Canada’s leading crypto exchanges, but
more importantly, an exchange ready to provide the products and
services not yet permitted in Canada, but widespread in other
countries including the United States. We believe that crypto
investing products such as options, derivatives and lending will be
permitted in Canada in time, and Netcoins’ goal is to be ready for
that. Currently, Netcoins and all other Canadian exchanges are only
permitted to provide spot trading to our customers.
Blockchain Intelligence
Group
Blockchain Intelligence Group celebrated the
launch of QLUE Express, TokenEyes, and expanded Training Programs,
alongside notable upgrades to its existing compliance and
investigative services in 2024.
Traditionally focused on serving law enforcement
and the financial sector, characterized by lengthy procurement
cycles, the company has expanded its reach to government agencies,
private investigators, and organizations of all sizes and budgets.
This strategic shift aligns with the demand for immediate, scalable
cryptocurrency investigative and compliance solutions.
QLUE Express delivers
investigative technology via an à la carte model, enabling instant
purchases at lower prices. This streamlined approach has broadened
the customer base to include OTC desks, ATM operators, legal and
accounting firms, financial institutions of all sizes, smaller law
enforcement agencies, and consumer-facing brands that accept
cryptocurrency.
QLUE Express - An A La Carte Crypto
Investigation Platform
QLUE Express - tracing funds
through a decentralized exchange
TokenEyes is the world’s first
mobile app that empowers cryptocurrency users with real-time risk
assessment before transacting. Designed for both professional
retail investors and newcomers to cryptocurrencies, TokenEyes
combines advanced risk detection with informative data. TokenEyes
is available on Apple and Google's Android stores in addition to
its web app, TokenEyes.com.
Supporting 15 cryptocurrencies and over 5.6
million digital assets, TokenEyes represents a significant
advancement in cryptocurrency security and is available for
everyday users, OTC desks, Family Offices and Merchants. TokenEyes
offers a number of paid plans that provide a greater number of risk
checks, monitored addresses, transaction notifications and assets
stored
The company also expanded its leading training
programs, introducing new modules and the Certified Cryptocurrency
Investigator – Advanced Series certification. These updates
underscore BIG’s commitment to equipping professionals with
cutting-edge expertise and tools for navigating the evolving
cryptocurrency landscape.
Blockchain Intelligence Group’s 2025 focus:
- Driving sales
growth while reducing operational costs and improving
efficiencies.
- Innovating
products supporting additional blockchains and advanced
analytics.
-
Listening to customers and delivering enhancements
that meet their evolving needs.
With an unwavering focus on cryptocurrency
investigations, compliance, and security, Blockchain Intelligence
Group remains committed to shaping the future of the industry in
2025 and beyond.
TerraZero Technologies
TerraZero’s Intraverse platform is slated for
public launch in March 2025. We believe that 2025 will mark the
resurgence of metaverse projects from larger companies including
Meta and Infinite Reality, with the latter recently closing a $3B
financing1 on a $12B valuation.
Intraverse is a forward-looking use case for
digital assets and how young consumers might utilize them. The
first experiences being built and deployed on TerraZero’s
Intraverse platform will be creator and music focused. We
anticipate that many users, including influencers and celebrities,
will use Intraverse as a new channel to reach their audiences, and
provide a more intimate experience than is currently available with
Instagram, Twitch, Facebook, and other Web 2.0 social media
platforms.
Our goal for Intraverse is for it to evolve into
an immersive social network. Users worldwide will be able to
customize their own apartments, invite and hang out with friends
and family in their apartments, broadcast video, audio, and images
to their audiences, enable commerce and payments between users, and
enjoy many other gamification and social features.
TerraZero will also seek to onboard brands and
enterprise clients in Q1 and beyond, as well as iGaming entities
looking to reach new audiences and provide a more immersive iGaming
experience than currently offered by apps and websites.
Virtual Apartments & Experiences for
All
The above illustrates a music genre-themed
virtual apartment users can further personalize to suit their own
tastes.
Looking Ahead to 2025
In closing, we are satisfied with the
development of the companies in 2024, especially Netcoins, but we
also recognize that there’s more work to be done. Netcoins provides
an excellent and significantly profitable base on which to build
towards this goal, and we’re confident that we will realize this
success in 2025.
On behalf of the Board
Dan ReitzikInterim
CEOir@biggdigitalassets.comD: 778.819.3890
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
(TerrzZero.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 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.com.
Netcoins offers safe and secure
crypto trading in Canada and the USA, with a mission to make
cryptocurrency easily accessible to the mass consumer and investor
with a focus on fast, simple, and transparent trading. Netcoins has
a robust product offering with Crypto Trading, Netcoins Pay
Mastercard, and Netcoins Staking. Netcoins utilizes BitRank
Verified® software at the heart of its platform and facilitates
crypto trading via its cutting-edge Mobile and Web applications.
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 endeavors 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://www.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
Statements:Certain statements in this release are
forward-looking statements, which include the expected
opportunities, outcomes, potential, and benefits of the Company’s
products and services, the expected adoption and growth of
cryptocurrency and the Company’s products and services, the
development and launch of new product and service offerings, the
expected benefits and outcomes of launching new products and
services, the development and completion of products and services,
the expected growth and outcomes from new customers and users using
the new product offerings, Netcoins providing new products and
services in 2025, the plan and goal for Intraverse which is
expected to launch in March 2025 to evolve into an immersive social
network, TerraZero onboarding brands and enterprise clients in Q1
and beyond as well as iGaming entities, the expectation that Canada
will allow additional cryptocurrency related products and services,
partnering with other companies, reducing costs and increasing
potential revenues, 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
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, 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
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; increase in costs and
expenses; the ability to manage working capital; and 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.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
__________________________________________1 *Infinite Reality
Raises $3B to Increase Its Immersive Tech Portfolio | Venturebeat,
venturebeat.com/games/infinite-reality-raises-3b-to-increase-its-immersive-tech-portfolio/.
Accessed 13 Jan. 2025.
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/3bf470b7-c84c-4909-9d6e-02a2ed712cf7
https://www.globenewswire.com/NewsRoom/AttachmentNg/3e7b9b9f-c4cb-453e-af46-bd57d14515fd
https://www.globenewswire.com/NewsRoom/AttachmentNg/22a2c035-b78f-48d0-9ff3-f328ab418332
https://www.globenewswire.com/NewsRoom/AttachmentNg/c2c9ad23-91ed-4239-8112-b8fb8474b978
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