BIGG Digital Assets announces CAD $100,000 investment in LQwD Fintech Corp
By Edlyn Cardoza
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, 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.
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May 31, 2023
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