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, and Blockchain Intelligence
Group and TerraZero is pleased to report that
Netcoins USA
Inc has entered into a partnership with
Zero Hash, a global leading Crypto
infrastructure provider to unlock crypto trading in 48 U.S.
states.
Netcoins USA Inc is proud to work with Zero Hash
to provide simple, secure and transparent trading solutions in 48
United States. Netcoins USA is on a mission to empower corporate
leaders, businesses, institutions and individuals to engage in the
crypto market. Netcoins focuses on working with its clients to
understand their financial and crypto needs to ensure they get
white-glove service beyond traditional trading.
Through the partnership, Netcoins USA
will now offer up to 60 digital assets and have access to up to 29
fiat currencies for its clients. Netcoins will integrate directly
with Zero Hash through its industry-leading API infrastructure
during Q2 2024.
Netcoins will be evolving its business model to
focus on a distinct client base to differentiate itself in the US
market. Its focus will be to provide cutting-edge and hands-on
services to Corporate, Institutional, and Small Business clients
through its OTC Sales team and its web and mobile applications.
“We see a distinct opportunity to create a
differentiated experience for corporate clients that want to gain
access to the crypto market in a meaningful way. Whether it's
adding Bitcoin to your balance sheet or starting to infuse crypto
assets into your day-to-day operations, Netcoins' goal is to
provide its clients with hands-on service that is tailored to their
specific needs. We do not want our clients to feel like just
another number - we will provide direct access to our team and
ensure that we are only an email or a phone call away,” said
Netcoins USA CEO Fraser Matthews.
“Zero Hash is a tremendous infrastructure
partner with a proven track record of high regulatory standards and
enabling companies to scale successfully in the US market. They
also provide Netcoins with the ability to partner with them in
other global markets as we look to expand our team and services
beyond North America,” said Mr. Matthews.
“We are delighted that Netcoins has partnered
with Zero Hash to enhance and scale their crypto trading across the
USA,” said Adam Leaman, Chief Client Officer at Zero Hash.
“Netcoins USA's decision to leverage Zero Hash’s full-stack API and
regulatory infrastructure proves as validation that industry
leaders want to build on our trusted infrastructure.”
Netcoins USA is growing its team to service the
market
Netcoins USA is expanding its operations to work
across the United States with a focus on High Net Worth Retail,
Corporate and Institutional clients. We see this as an opportunity
to provide high-value services to an underserved part of the crypto
market.
Netcoins USA will be hiring several sales team
members to gain traction in the market with experienced team
members that have direct access to clients, ensuring that it can
grow its client base quickly and focus on seamless client trading
through its self-directed and OTC services. Zero Hash's platform is
designed to handle the backend complexity and regulatory overhead
required to offer crypto products allowing Netcoins USA to focus on
exceptional client services and experience.
About Zero Hash
Zero Hash is a B2B2C crypto-as-a-service
infrastructure platform that allows any platform to embed digital
assets natively into their own customer experience quickly and
easily through a matter of API endpoints. Zero Hash’s turnkey
solution handles the entire backend complexity and regulatory
licensing required to offer crypto products.
Zero Hash Holdings, through its subsidiaries,
powers neo-banks, broker-dealers, payment groups as well as
non-financial brands to offer digital asset trading and custody,
crypto-backed rewards and round-up programs.
Zero Hash Holdings is backed by investors,
including Point72 Ventures, Bain Capital Ventures, and NYCA.
Zero Hash LLC is a FinCen-registered Money
Service Business and a regulated Money Transmitter that can operate
in 51 US jurisdictions. Zero Hash LLC and Zero Hash Liquidity
Services LLC are licensed to engage in virtual currency business
activity by the New York State Department of Financial Services. In
Canada, Zero Hash LLC is registered as a Money Service Business
with FINTRAC.
Zero Hash Australia Pty Ltd. is registered with
AUSTRAC as a Digital Currency Exchange Provider, with DCE
registered provider number DCE100804170-001. This registration
enables Zero Hash to offer its crypto services in Australia. Zero
Hash Australia Pty Ltd. is registered on the New Zealand register
of financial service providers, with Financial Service Provider
(FSP) number FSP1004503. A FSP in New Zealand is a registration and
does not mean that Zero Hash Australia Pty Ltd. is licensed by a
New Zealand regulator to provide crypto services. Zero Hash
Australia Pty Ltd.’s registration on the New Zealand register of
financial service providers does not mean that Zero Hash Australia
is subject to active regulation or oversight by a New Zealand
regulator.
DisclosuresZero Hash services
and product offerings may not be available in all jurisdictions.
Zero Hash accounts are not subject to FDIC or SIPC protections, or
any such equivalent protections that may exist outside of the US.
Zero Hash’s technical support and enablement of any asset is not an
endorsement of such asset and is not a recommendation to buy, sell,
or hold any crypto asset. The value of any cryptocurrency,
including digital assets pegged to fiat currency, commodities, or
any other asset, may go to zero.
Website | Twitter | LinkedIn | Medium
On behalf of the Board
Dan ReitzikInterim
CEOir@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 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 Staking (Canada Only and not powered by Zero Hash).
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 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 Statements
Certain 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, the expected adoption and growth
of cryptocurrency and the Company’s products and services, the
expected benefits and outcomes of the partnership with Zero Hash,
the expected integration timelines with Zero Hash, the expected
hiring of additional sales team for Netcoins, 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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