BIGG Digital Assets Selected by LQwD as Preferred Liquidity Partner and Compliance Software Provider; LQwD to Provide BIGG with Bitcoin Lightning Network Capability
13 Oktober 2021 - 2:00PM
BIGG Digital Assets Inc. ("BIGG" or the "Company")(CSE:
BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Netcoins
(Netcoins.ca) (“Netcoins”), the online cryptocurrency brokerage
that makes it easy for Canadians to buy, sell, and understand
cryptocurrency, and owner of Blockchain Intelligence Group
(blockchaingroup.io) (“BIG”), a leading developer of blockchain
technology search, risk-scoring and data analytics solutions, is
pleased to announce we have entered into a strategic partnership
with LQwD Fintech Corp (TSXV: LQWD, OTC: LQWDF).
Under the agreement, Netcoins, a wholly-owned
subsidiary of BIGG and restricted crypto dealer in each province
and territory in Canada, will serve as LQwD’s preferred liquidity
provider. Additionally, BIGG’s Blockchain Intelligence Group
(Blockchaingroup.io), and Netcoins affiliate, will provide LQwD
with a suite of institutional and government grade compliance
software, including BitRank® and QLUE™.
Netcoins will also establish a node on the
Bitcoin Lightning Network via LQwD’s proprietary Lightning PaaS
(Platform as a Service) software. This marks the first
institutional grade Lightning payment channel for Netcoins and
BIGG.
Shone Anstey, Chairman and CEO of LQwD,
commented, “We are grateful to have a strong relationship with
Netcoins and Blockchain Intelligence Group as we expand our
footprint in the rapidly emerging Bitcoin Lightning Network. LQwD
can now leverage BitRank® and QLUE™ for our AML needs and route
crypto purchases for our Coincurve.com and additional platforms
through Netcoins, Canada's first publicly traded, licensed crypto
trading platform. It also allows Netcoins to have an early mover
advantage in the Canadian markets for handling instant deposits and
withdrawals of Bitcoin via the Bitcoin Lightning Network."
Mark Binns, BIGG CEO, remarked, “As the only
publicly owned and regulated crypto trading platform in Canada,
becoming the liquidity partner for LQwD makes perfect sense. We can
offer LQwD industry leading rates as an institutional customer, and
bundle BitRank® and QLUE™ blockchain tech for a complete package.
Correspondingly, we are thrilled to establish a node with LQwD on
the fast growing Lightning Network. “
On behalf of the Board Mark
Binns CEOir@biggdigitalassets.com
Investor RelationsVictoria Rutherford
Victoria@adcap.ca T: 1.480.625.5772
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 owns
two operating companies: Netcoins (netcoins.ca) and Blockchain
Intelligence Group (blockchaingroup.io).
Netcoins develops brokerage and exchange
software to make the purchase and sale of cryptocurrency easily
accessible to the mass consumer and investor with a focus on
compliance and safety. Netcoins utilizes BitRank Verified® software
at the heart of its platform and facilitates crypto trading via a
self-serve crypto brokerage portal at Netcoins.app.
Blockchain Intelligence Group is a global
developer of blockchain technology building a secure future.
Financial institutions and crypto companies depend on its
technology to monitor risk from crypto transactions. Investigators
and law enforcement quickly identify and track illicit activity.
The crypto forensics technology was designed by investigators for
investigators. Blockchain Intelligence Group is trusted globally by
leading financial institutions, crypto companies, Fintech, Regtech,
law enforcement and regulators.
For more information and to register to BIGG’s
mailing list, please visit our website at
https://www.biggdigitalassets.com. Or visit SEDAR at
www.sedar.com.
About LQwD Fintech Corp.LQwD is
a Lightning Network focused company developing payment
infrastructure and solutions. The Company’s mission is to develop
institutional grade services that support the Lightning Network and
drive improved functionality, transaction capability, user adoption
and utility and scaling Bitcoin. LQwD also holds Bitcoin as an
operating asset establishing nodes and payment channels across the
Lightning Network.
Forward-Looking
Statements:Certain statements in this release are
forward-looking statements, which include completion of the search
technology software 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, 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. Important factors that could cause actual results to
differ materially from BIGG’s expectations include, consumer
sentiment towards BIGG’s products and Blockchain technology
generally, technology failures, competition, 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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