PriceSensitive

BIGG Digital Assets (CSE:BIGG) invests in LQwD FinTech (TSXV:LQWD)

Cryptocurrency
CSE:BIGG
28 October 2021 14:30 (EDT)
BIGG Digital Assets - CEO, Mark Binns.

Source: BIGG Digital Assets.

BIGG Digital Assets (BIGG) has made a C$100,000 investment in LQwD FinTech (LQWD).

LQwD develops payment infrastructure and solutions for Bitcoin’s Lightning Network. The company designs its services to improve Bitcoin’s functionality, scaling, transaction capability, user adoption and utility. The company also holds Bitcoin as an operating asset for establishing nodes and payment channels.

BIGG has made very successful strategic investments in WonderFi and ZenLedger and considers LQwD an equally promising addition to its minority investment portfolio.

Mark Binns, BIGG’s CEO, stated,

“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 invests in crypto as a safe, compliant and regulated environment. Its operating companies include Netcoins and Blockchain Intelligence Group.

BIGG Digital Assets (BIGG) is up by 3.81 per cent and is currently trading at $1.09 per share as of 1:39 pm ET.

LQwD FinTech (LQWD) is unchanged trading at $0.415 per share as of 1:40 pm ET.

Related News