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 announce
the appointment of Fraser Matthews to its Board of Directors.
Fraser joined the BIGG team on June 7, 2022, as
the President of Netcoins. He has been instrumental in forging the
trajectory and continued growth of Netcoins, its expansion of its
product suite and the launch of Netcoins USA. Fraser brings
tremendous business acumen, experience and keen insights at the
management level - all of which will translate well at the Board
level.
Fraser has been working exclusively in the
Financial Services industry for the last 17 years having held
positions in Toronto, New York, London and Dubai. He came to
Netcoins from TribalScale, where he was the Managing Director of
their Middle East Business. During his tenure, Fraser was working
at Banque Saudi Fransi (BSF), where he held the position of Digital
Strategy Lead, working within the Digital Ventures unit which set
out strategic initiatives, including Banking as a Service, Open
Banking and Challenger Banking. Fraser’s prior experience includes
significant Management Consulting experience, having worked at
Ernst & Young, PwC, and Capco focusing on Banking and Capital
Markets.
On behalf of the Board
Lance
MorginnChairmanir@biggdigitalassets.com
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 assisting our customers with risk management, due
diligence, and forensic services for digital assets.
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 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
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 completion of products and services, the launch of
products and services and the expected timelines (including AI and
ML initiatives and products) and the sourcing of partners, the
expected benefits of AI and ML, 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 and
Blockchain 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; 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.
The CSE does not accept responsibility
for the adequacy or accuracy of the content of this Press
Release.
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