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 Netcoins, Blockchain Intelligence Group,
and TerraZero, is excited to announce that
Netcoins USA has signed a partnership
agreement with APX Lending, a crypto-backed lending platform, to
provide crypto-backed loans to their clients in the United
States.
- Netcoins USA and
APX Lending have entered into a strategic partnership to offer
preferred trading and lending services to their respective client
bases in the United States
- According to a
report by Coinmarketcap, the global crypto lending market size is
expected to reach USD $5.5 billion by 2025, growing at a CAGR of
12.5% from 2020 to 2025. This report reflects the trend of rapid
growth in the crypto lending industry.
-
APX Lending is the only SOC 2 crypto-backed lender certified
by the Canadian Lenders Association — ensuring safety, security and
compliance.
- This
complementary partnership will broaden Netcoins’ product offering
to their US clients, capitalizing on the growing USD $5.5 billion
crypto-backed lending market.
Under this partnership, Netcoins USA and APX
Lending will collaborate to deliver a robust and integrated trading
and borrowing experience to their respective USA customers.
Together, they aim to provide a high-touch, premium service across
both platforms. This will include simple onboarding processes,
preferred lending and trading rates for shared clients, and access
to lower fee services - making the client experience seamless.
“This is a strategic partnership that will allow
Netcoins USA to provide an exciting new lending product to our
clients while working with a proven industry leader. Both APX and
Netcoins began their journey in Canada and have now entered the
massive US crypto market. We see this as a tremendous opportunity
to unlock lending services for our clients while growing our
revenue streams through this partnership, said Netcoins CEO Fraser
Matthews”
APX Lending empowers crypto holders to unlock
liquidity in their crypto assets by borrowing against them. This
allows borrowers to address their immediate financial needs - from
paying operational expenses and payroll to funding expansion plans
or upgrading new equipment - while preserving their crypto assets
for future gains. Since expanding into the U.S. in August 2024, APX
Lending has attracted over $100 million in interest from potential
borrowers, highlighting the growing demand for compliant
crypto-backed loans.
Andrei Poliakov, founder and CEO of APX Lending,
added, “This partnership with Netcoins marks a major milestone for
APX Lending as we continue our U.S. expansion. By combining our
secure and compliant lending platform with Netcoins’ established
trading services, we’re offering unparalleled financial solutions
to a broader audience. Our shared commitment to innovation,
transparency, and customer trust drives us forward in the
fast-evolving digital asset landscape.”
For more information, please visit:
www.biggdigitalassets.com, www.netcoins.com or
www.apxlending.com
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 assisting 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 45 assets for Crypto Trading, Netcoins Pay Mastercard and
Staking (Canada Only). Netcoins facilitates crypto trading
via its cutting-edge Mobile and Web applications and through 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.
About APX LendingAPX Lending is
a leading Bitcoin and Ethereum-backed lending platform, registered
with FINTRAC in Canada and FinCEN in the U.S., dedicated to
providing compliant, safe, and secure lending solutions to both
individual and institutional clients across Canada and the United
States. Founded by Andrei Poliakov, co-founder of Coinberry, one of
Canada’s largest licensed crypto exchanges, APX Lending is
redefining the landscape of crypto-backed lending with a strong
focus on transparency, security, and regulatory compliance.
Leveraging cutting-edge technology and a deep understanding of the
digital asset space, APX Lending serves a rapidly growing market.
With a seasoned team of industry experts, the platform offers
innovative lending products, including a white label solution for
banks, credit unions, and financial institutions worldwide. For
more information, please visit www.apxlending.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, the expected adoption and growth
of cryptocurrency and the Company’s products and services, the
expected benefits and outcomes of the partnership with APX,
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.
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 news release.
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