13:07:02 EDT Sun 19 May 2024
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Bigg Digital Assets Inc
Symbol BIGG
Shares Issued 255,340,401
Close 2023-10-31 C$ 0.17
Market Cap C$ 43,407,868
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Bigg's Blockchain signs gov't, law enforcement deals

2023-11-01 13:29 ET - News Release

Mr. Dan Reitzik reports

BLOCKCHAIN INTELLIGENCE GROUP EXPANDS ITS GLOBAL FOOTPRINT WITH NEW FOREIGN GOVERNMENT AND LAW ENFORCEMENT PARTNERSHIPS

Bigg Digital Assets Inc. has achieved a significant milestone in Blockchain Intelligence Group's growth and global expansion strategy. Blockchain Intelligence Group has signed one-year agreements with both a prominent foreign government agency and a law enforcement organization, for an aggregate value of up to $150,000 ($108,000 (U.S.)), paving the way for new revenue scales and further global expansion.

Blockchain Intelligence Group has partnered with the Supreme Prosecutor's Office of a foreign country by offering QLUE, the company's leading blockchain analytics solution. QLUE enhances digital forensic capabilities, streamlines investigations, and enables governments and law enforcement agencies to investigate and resolve cryptocurrency-related cases, quickly and affordably. This collaboration underscores the growing need for QLUE in enabling legal authorities to combat financial crimes involving cryptocurrencies and to ensure the security and integrity of their financial systems.

Blockchain Intelligence Group is further pleased to announce the acquisition of a new law enforcement account in an overseas country, a strategic partnership that establishes QLUE as a critical instrument to effectively address cryptocurrency-related investigations in the region. This success sets the stage for future opportunities, with Blockchain Intelligence Group ready to provision additional seats as new sales develop and the partnership between the company and the law enforcement agency matures.

These recent agreements have a combined value of just over $150,000, reflecting the demand for Blockchain Intelligence Group's expertise and cutting-edge solutions in the cryptocurrency investigation field. The financial commitment made by these foreign public sector organizations underscores their trust in Blockchain Intelligence Group's capabilities and commitment to its vision of an inclusive, transparent and secure financial ecosystem.

Blockchain Intelligence Group attributes these successful contract acquisitions to QLUE's continuing development and enhancement, planned to ensure its readiness for new growth scales. The company intends to target similar partnerships by ensuring competitiveness and utmost reliability for law enforcement and government agencies globally. QLUE currently boasts more than one million digital assets across multiple blockchain networks. It covers the blockchains most utilized by illicit actors and continues to onboard emerging crime-dense blockchains. Moreover, Blockchain Intelligence Group backs up its clients with certified investigator training and support, enabling them to leverage blockchain technology and QLUE's full potential to close cases confidently and affordably. Blockchain Intelligence Group also maintains a strong focus on compliance with legal and regulatory standards, ensuring that QLUE's findings are admissible in court.

Blockchain Intelligence Group continues to expand its global footprint and offer QLUE to a wider audience. The company remains dedicated to delivering innovative solutions that empower government agencies and law enforcement organizations to navigate the complexities of the digital asset with confidence.

About Bigg Digital Assets Inc.

Bigg Digital Assets believes the future of crypto is a safe, compliant and regulated environment. Bigg invests in products and companies to support this vision. Bigg has three portfolio companies: Netcoins, Blockchain Intelligence Group and TerraZero.

We seek Safe Harbor.

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