BIGG Digital Assets Inc., a cryptocurrency corporation situated in Canada, released its financial results for the first quarter of 2022, reporting $2.5 million in sales.
Its subsidiary Blockchain Intelligence Group provided $530,000 to the quarter’s revenue, while digital trading software Netcoins brought in $1.97 million.
The Blockchain Intelligence Group (“BIG”), Vancouver-based cryptocurrency compliance and real-time intelligence subsidiary of BIGG Digital Assets Inc, reported a 76% sequential rise in revenue in the first quarter.
The corporation owned roughly 575 bitcoins worth about $22 million as of April 30. The Blockchain Intelligence Group now supports 11 blockchains and approximately 372,000 ERC-20 tokens, ambitions to grow the network.
BIGG Digital Assets Inc invests in cryptocurrency-related goods and businesses.
Blockchain Technology Development and Digital Currency Sales via the Netcoins App are the company’s two business sectors.
Netcoins beat the market in the first quarter, with revenue of $1.97 million, down 29% sequentially compared to the industry average of 37.7%.
BIGG has also invested in TerraZero, acquiring around 30% of the company’s equity. BIGG will continue to expand its core business while also investing in new ventures in the future.
The Dash and Dogecoin cryptocurrencies have been introduced to the Blockchain Intelligence Group’s “BIG” ecosystem of data tools that can be tracked and risk assessed by exchanges, banks, and law enforcement.