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BIGG Digital Assets (CSE:BIGG) partners with LQwD FinTech (TSXV:LQWD)

Cryptocurrency
CSE:BIGG
13 October 2021 10:00 (EDT)
BIGG Digital Assets - CEO, Mark Binns.

Source: BIGG Digital Assets.

BIGG (BIGG) has partnered with LQwD FinTech (LQWD) for liquidity, compliance software and Bitcoin Lightning Network capability.

Under the agreement, Netcoins, BIGG’s wholly-owned subsidiary, will serve as LQwD’s preferred liquidity provider.

Additionally, BIGG’s Blockchain Intelligence Group will provide LQwD with a suite of institutional and government-grade compliance software, including BitRank and QLUE.

Netcoins will also establish a node on the Bitcoin Lightning Network via LQwD’s proprietary Lightning Platform-as-a-Service software. This marks the first institutional-grade Lightning Network payment channel for Netcoins and BIGG.

Shone Anstey, Chairman and CEO of LQwD, stated,

“We are grateful to have a strong relationship with Netcoins and Blockchain Intelligence Group as we expand our footprint in the rapidly emerging Bitcoin Lightning Network.

LQwD can now leverage BitRank and QLUE for our AML needs and route crypto purchases for our Coincurve.com and additional platforms through Netcoins.

It also allows Netcoins to have an early mover advantage in the Canadian markets for handling instant deposits and withdrawals of Bitcoin via the Bitcoin Lightning Network.”

Mark Binns, BIGG’s CEO, added,

“As the only publicly owned and regulated crypto trading platform in Canada, becoming the liquidity partner for LQwD makes perfect sense. We can offer LQwD industry leading rates as an institutional customer and bundle BitRank and QLUE blockchain tech for a complete package. Correspondingly, we are thrilled to establish a node with LQwD on the fast-growing Lightning Network.”

LQwD is a Bitcoin Lightning Network-focused company developing payment infrastructure and solutions.

BIGG Digital Assets invests in crypto as a safe, compliant and regulated environment.

LQwD FinTech (LQWD) is unchanged trading at $0.40 per share as of 9:58 am ET.

BIGG Digital Assets (BIGG) is down by 4.65 per cent and is currently trading at $1.23 per share as of 9:41 am ET.

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