back Back

BIGG Digital Assets announces CAD $100,000 investment in LQwD Fintech Corp

By Edlyn Cardoza

November 01, 2021

  • BIGG Digital Assets
  • Bitcoin
  • Blockchain Intelligence Group
Share

BIGG Digital Assets, Netcoins, Blockchain Intelligence Group, LQwD Fintech Corp, CanadaBIGG Digital Assets Inc., owner of Netcoins, the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, and owner of Blockchain Intelligence Group, a leading developer of blockchain technology search, risk-scoring, and data analytics solutions, recently announced its strategic investment of CAD $100,000 in 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 for establishing nodes and payment channels across the Lightning Network. BIGG has made very successful recent strategic investments in WonderFi and ZenLedger and has added LQwD to its minority investment portfolio.

Mark Binns, BIGG CEO, remarked, “As the crypto market continues to mature and evolve, we believe companies like LQwD will help lead the way in infrastructure and plumbing for crypto payments. Our investment in LQwD shows our support for an established group of entrepreneurs and our continued leadership in the cryptocurrency sector.”

BIGG Digital Assets Inc. 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 and Blockchain Intelligence Group.

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 the 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.

Recently, IBS Intelligence reported that BIGG Digital Assets Inc., owner of Netcoins, the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, and owner of Blockchain Intelligence Group, a leading developer of blockchain technology search, risk-scoring, and data analytics solutions, announced that effective immediately Mark Binns will assume the role of Acting CEO of Netcoins. Mr. Binns continues to be the CEO of BIGG, as well.

Previous Article

October 29, 2021

Saxo Bank appoints Brit Kannegaard Johannessen as the new CHRO

Read More
Next Article

November 01, 2021

Binance appoints GE and Edelman veteran Patrick Hillmann as Chief Communications Officer

Read More








IBSi Daily News Analysis

March 22, 2024

BIGG Digital Assets

Industry experts stress modernization, sustainability, and AI as cornerstones for future of corporate banking, Finastra study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

March 28, 2024

5 Major FinTech Acquisitions announced in March 2024

Read More

March 28, 2024

Tempo France suspends classical remittances, to focus on DeFi

Read More

March 28, 2024

Qonto unveils its first in-house financing offer, ‘Pay later’

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023