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BIGG Digital Assets (CSE:BIGG) subsidiary partners with Brane Capital on compliance offerings

Cryptocurrency
CSE:BIGG
22 April 2021 11:30 (EDT)

BIGG subsidiary Blockchain Intelligence Group has partnered with Brane Capital to expand its compliance offerings to governments and financial institutions.

The partnership will provide secure custodial solutions with continuous address monitoring, closing the gap between government institutions, regulated financial institutions and the emerging blockchain industry.

The partnership will also prevent cryptocurrency losses from the loss of a single person or entity holding unshared private keys.

Blockchain Intelligence’s compliance suite platform brings real-time transaction monitoring and high-risk transactions under one roof.

Brane Capital’s proprietary one-stop vault protection protocol allows customers to secure a wide range of cryptocurrencies with one step in the event of a breach.

The combined solutions give customers the option to integrate Blockchain Intelligence’s compliance solutions within Brane’s existing infrastructure.

Law enforcement can also trade their crypto for fiat currency using BIGG’s Netcoins exchange without having to go to auction, which is how seized cryptocurrency is currently liquidated.

 Jerome Dwight, President of Brane Capital, commented,

“This partnership and its combined capabilities further enhances Brane’s turnkey custody solution, and closes the gap on crypto compliance for our institutional clients. These additional capabilities enable Brane to bring a truly standout offering to the Canadian and global markets, and will establish our leadership position in digital asset custody services.”

Lance Morginn, President of Blockchain Intelligence Group, added,

“Brane Capital is uniquely positioned to help Blockchain Intelligence Group expand our products and services in the crypto custody services space. This collaboration helps financial institutions and law enforcement agencies protect the crypto industry and ensure compliance under the current regulations.”

Brane Capital is a Canadian fintech company focused on the emergent digital asset market.

Blockchain Intelligence Group is a developer of blockchain technology search, risk-scoring and data analytics solutions.

BIGG Digital Assets believes the future of crypto is a safe, compliant and regulated environment. The company invests in products and companies to support this vision such as Netcoins and Blockchain Intelligence Group.

BIGG Digital Assets (BIGG) is up by 4.79 per cent and is currently trading at C$3.06 per share as of 10:14 am ET.

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