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Netcoins Announces Unaudited Q2 Results

VANCOUVER, British Columbia, July 09, 2024 (GLOBE NEWSWIRE) -- BIGG Digital Assets Inc. ("BIGG" or the "Company") (CSE:BIGG, OTCQX:BBKCF, WKN: A2PS9W)), a leading innovator in the digital assets space and owner of Netcoins, Blockchain Intelligence Group, and TerraZero is pleased to report Netcoins unaudited Q2 2024 results. All figures are in Canadian dollars (CAD) unless otherwise stated. Q2 2024 recorded quarterly revenue of $2.1 million, an increase of over 100% compared to Q2 2023 Netcoins crypto trading platform processed approximately $158 million in crypto trading volume in Q2 2024, compared to $56.5 million in Q2 2023 Netcoins total cash, digital assets, and investments were approximately $15.3 million as at June 30, 2024 Netcoins Assets Under Custody were over $147 million as at June 30, 2024 "Netcoins has consistently added new features and coins to its trading platform during the first half of 2024, adding 7 assets for Trading and 2 assets for Staking," said Netcoins CEO Fraser Matthews. "We have seen client and revenue growth through our Trading API and our OTC Trading desk during the first half of the year, allowing us to put into motion strategic investment in these areas of the business." Q2 2024 Crypto Trading Highlights: Registered users increased to ~232,343 during Q2 2024 Total trading revenue increased by ~100% in Q2 2024 vs Q2 2023 Total trading volume increased by ~180% in Q2 2024 vs Q2 2023 Netcoins Pay Card Transaction Volume was ~$3m in Q2 2024 "Netcoins has seen continued growth starting from Q4 of 2023 and has benefited from several key initiatives that it worked on during 2023. I am excited to see the continued expansion in the United States, which sends a clear message to the market that Netcoins is truly a North American trading platform," said BIGG Interim CEO Dan Reitzik. Netcoins creates video content for its investor community:New Coins for Trading and StakingOTC Sales and Trading GrowthDan ReitzikInterim 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 (, Blockchain Intelligence Group (, and TerraZero ( Blockchain Intelligence Group is an industry-leading digital asset forensics, anti-money laundering detection, and cryptocurrency ...