- BIGG Digital Assets Inc. (BIGG) has provided a corporate update
- The company’s subsidiary renewed its annual US$270,000 contract with a global crypto payment enterprise
- The client will continue to use the subsidiary’s QLUE and BitRank Verified tools
- The subsidiary also launched partnerships with two firms for market entry in South Korea
- 850,000 BIGG common shares have been issued as a part of its stock option plan
- BIGG Digital Assets Inc. (BIGG) is down 7.50 per cent and is trading at $0.37 per share as of 1:22 p.m. ET
BIGG Digital Assets (BIGG), a crypto insights company, has provided a corporate update following recent business milestones.
The company’s subsidiary, Blockchain Intelligence Group, renewed its annual US$270,000 contract with a global crypto payment enterprise.
The crypto payment client serves more than 100,000 retailers globally and will continue to use tools in Blockchain Intelligence Group’s crypto insights ecosystem, QLUE, for investigations and BitRank Verified for automated risk monitoring.
According to BIGG, QLUE produces transaction-to-transaction crypto investigation analysis and threat intelligence for compliance, fraud prevention, and law enforcement.
BitRank Verified automates crypto risk monitoring to meet compliance requirements for banks, payment providers, crypto exchanges, and crypto ATMs. It also integrates with existing compliance systems, reducing trading risk exposure.
BIGG stated its subsidiary also launched partnerships with two firms for market entry in South Korea and will provide blockchain investigation support and automated risk monitoring to the country’s law enforcement and financial services. The subsidiary will lead training sessions for more than law enforcement officers this month.
Additionally, BIGG has granted stock options to its directors, officers, employees, and consultants to purchase 850,000 common shares in the capital of BIGG at an exercise price of $0.45 per common share for a five-year period.
BIGG Digital Assets Inc. (BIGG) is down 7.50 per cent and is trading at $0.37 per share as of 1:22 p.m. ET.