VANCOUVER, British Columbia, Sept. 23, 2022 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), proprietor of Netcoins (Netcoins.ca) (“Netcoins”), the web cryptocurrency brokerage that makes it simple for Canadians to purchase, promote, and perceive cryptocurrency, and proprietor of Blockchain Intelligence Group (blockchaingroup.io) (“BIG”), a number one developer of blockchain expertise search, risk-scoring and information analytics options, is happy to announce that its portfolio firm TerraZero Technologies Inc. (“TerraZero”) has signed a letter of intent (“LOI”) with Whatcom Capital II Corp. which might end in TerraZero changing into publicly traded by way of a reverse take-over (“RTO”) transaction.
Full particulars of the LOI could be discovered right here:
https://www.newsfilecorp.com/release/138117
Dan Reitzik, founder and CEO of Terrazero Technologies Inc. commented, “TerraZero is a well capitalized, revenue producing company with three main business divisions. Our studio division creates immersive metaverse activations for global brands and companies. Our technology division creates solutions to bridge the real world with the virtual world, and our data analytics division aggregates data from across the metaverse to help guide the Company’s and our clients’ decision making. I see the metaverse as simply the next version of the internet as we know it today, but instead of a 2D environment, it is a 3D environment providing greater engagement between brands and consumers, and between people themselves. There will soon be significant consolidation and opportunities in the metaverse and Web 3 space, and TerraZero will be positioned to capitalize on these as needed.”
BIGG CEO, Mark Binns, feedback “We are thrilled that TerraZero has entered into an LOI to begin the process of going public via RTO. TerraZero is a market leader in the Metaverse development space with clients like Miller Lite, Atlantic Records and Jimmy John’s. BIGG invested in TerraZero as an early stage private company knowing that our support, coupled with their leadership and vision, could create a true leader in the emerging Web 3 and metaverse space. We wish TerraZero success in completing their RTO and becoming listed on the TSX-V.”
On behalf of the Board
Mark Binns
CEO
[email protected]
Investor Relations
Victoria Rutherford
[email protected]
T: 1.480.625.5772
About BIGG Digital Assets Inc.
BIGG Digital Assets Inc. (BIGG) believes the way forward for crypto is a secure, compliant, and controlled atmosphere. BIGG invests in merchandise and firms to assist this imaginative and prescient. BIGG has 4 portfolio firms: Netcoins (netcoins.ca), Blockchain Intelligence Group (blockchaingroup.io), TerraZero (terrazero.com) and Luxxfolio (luxxfolio.com).
Blockchain Intelligence Group builds expertise to energy compliance and intelligence for the crypto future. Banks and crypto firms rely upon our expertise to observe danger from crypto transactions. Investigators and legislation enforcement rapidly establish and observe illicit exercise. Blockchain Intelligence Group is trusted globally by banks, crypto firms, legislation enforcement, fintechs, regtechs and governments.
Netcoins develops brokerage and change software program to make the acquisition and sale of cryptocurrency simply accessible to the mass client and investor with a concentrate on compliance and security. Netcoins makes use of BitRank Verified® software program on the coronary heart of its platform and facilitates crypto buying and selling by way of a self-serve crypto brokerage portal at Netcoins.app.
TerraZero is a vertically built-in Metaverse improvement group and main Web 3.0 expertise firm specializing within the Metaverse area. The Company’s Metaverse agnostic imaginative and prescient is to develop, purchase, and finance the Metaverse’s most promising firms, entrepreneurs, and builders. TerraZero additionally owns digital actual property and supplies workplaces and companies to these within the Metaverse. BIGG owns ~30% of TerraZero.
Luxxfolio is a publicly traded, vertically built-in digital asset firm based mostly in Canada. It operates an industrial scale cryptocurrency mining facility within the United States powered predominately by renewable vitality with a concentrate on the blockchain ecosystem and technology of digital belongings. Luxxfolio supplies a liquid various for publicity to digital belongings for the broader capital markets. BIGG owns ~15% of Luxxfolio.
For extra info and to register to BIGG’s mailing listing, please go to our web site at https://www.biggdigitalassets.com. Or go to SEDAR at www.sedar.com.
Forward-Looking Statements:
Certain statements on this launch are forward-looking statements, which embody completion of the search expertise software program and different issues. Forward-looking statements include statements that aren’t purely historic, together with any statements relating to beliefs, plans, expectations or intentions relating to the longer term. Such info can usually be recognized by means of forwarding-looking wording comparable to “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the damaging thereof or related variations. Readers are cautioned to not place undue reliance on forward-looking statements, as there could be no assurance that the plans, intentions or expectations upon which they’re based mostly will happen. By their nature, forward-looking statements contain quite a few assumptions, recognized and unknown dangers and uncertainties, each basic and particular that contribute to the chance that the predictions, estimates, forecasts, projections and different forward-looking statements is not going to happen. These assumptions, dangers and uncertainties embody, amongst different issues, the state of the economy basically and capital markets specifically, and different elements, lots of that are past the management of BIGG. Forward-looking statements contained on this press launch are expressly certified by this cautionary assertion. Undue reliance shouldn’t be positioned on the forward-looking info as a result of BIGG can provide no assurance that they’ll show to be right. Important elements that would trigger precise outcomes to vary materially from BIGG’s expectations embody, client sentiment in direction of BIGG’s merchandise and Blockchain expertise usually, expertise failures, competitors, and failure of counterparties to carry out their contractual obligations.
The forward-looking statements contained on this press launch are made as of the date of this press launch. Except as required by legislation, BIGG disclaims any intention and assumes no obligation to replace or revise any forward-looking statements, whether or not on account of new info, future occasions or in any other case. Additionally, BIGG undertakes no obligation to touch upon the expectations of, or statements made by, third events in respect of the issues mentioned above.
The CSE doesn’t settle for accountability for the adequacy or accuracy of the content material of this Press Release.
