Netcoins Unveils Expansion of Staking Services to Include Solana and ATOM

BIGG Digital Assets (CSE: BIGG), owner of Netcoins, Blockchain Intelligence Group, and TerraZero, announces the expansion of Netcoins' staking services in Canada with the launch of Solana and ATOM on April 2nd. Through a partnership with BitGo Trust Company, Netcoins users can stake assets directly from cold storage wallets on the Netcoins mobile app, earning yield on their crypto holdings.

Netcoins Expands Staking Services with Solana and ATOM

Toronto, Ontario, Canada - April 2, 2023

BIGG Digital Assets Inc. (CSE: BIGG), a leading innovator in the digital assets space, today announced that its wholly-owned subsidiary, Netcoins, is expanding its staking services in Canada with the launch of Solana (SOL) and Cosmos (ATOM) on April 2nd, 2023.

This strategic move allows Netcoins customers to earn yield on their crypto holdings through Proof of Stake (PoS) blockchains. Netcoins has partnered with BitGo Trust Company to enable its customers to stake their assets directly from segregated cold storage wallets within the Netcoins mobile app.

"The continued expansion of our staking services represents a significant milestone in the evolution of cryptocurrency investment," said Fraser Matthews, CEO of Netcoins. "This compelling offering empowers our users to maximize their crypto assets while simultaneously increasing Netcoins' revenue and assets under management (AUM). We are thrilled to add Solana and ATOM to our staking program, enabling our users to diversify their portfolios and attract new customers to our platform."

Solana: A High-Performance Blockchain

Solana is a high-performance blockchain platform renowned for its exceptional speed and efficiency in processing transactions. It employs a unique consensus mechanism known as Proof of History (PoH) in conjunction with Proof of Stake (PoS), achieving unparalleled throughput capabilities, capable of handling thousands of transactions per second (TPS) with minimal fees. This innovative approach addresses scalability bottlenecks faced by earlier blockchain technologies.

Launched in March 2020 by Solana Labs, the platform supports a wide range of decentralized applications (dApps), including DeFi (decentralized finance), NFTs (non-fungible tokens), and gaming, making it a formidable player in the blockchain ecosystem. Its native cryptocurrency, SOL, serves as the fuel for transactions and smart contract execution on the network, playing a vital role in maintaining the blockchain's security and operability.

Cosmos: The Internet of Blockchains

Cosmos is a groundbreaking blockchain network designed to facilitate interoperability and scalability among various blockchains. Launched in March 2019, Cosmos stands out with its unique consensus algorithm, Tendermint Core, which enables high-speed transaction processing and a robust security framework.

At its core, Cosmos aims to solve the pressing issues of scalability and interoperability that have hampered the growth of blockchain technologies. The network's native token, ATOM, plays a crucial role in maintaining the network's security through staking and governance.

Cosmos's vision of creating an interconnected blockchain ecosystem has garnered significant attention, positioning it as a pivotal player in the future development of the blockchain landscape.

Institutional and Corporate Staking Services

Corporations and investors seeking to build their staking portfolios with the support of Netcoins OTC Trading Desk can reach out to the team directly through the Netcoins website.

Significance of Staking

According to Stakingrewards.com, the global staking market cap exceeds $335 billion, with over $5.8 billion in rewards issued annually. Staking provides a passive income stream for cryptocurrency holders by enabling them to earn rewards for validating transactions and securing the network.

About Netcoins

Netcoins is a leading cryptocurrency trading platform in Canada, offering a secure and user-friendly experience for buying, selling, and staking digital assets. With over 300,000 registered users, Netcoins empowers individuals and businesses to engage with the digital asset ecosystem through its intuitive web and mobile platforms.

About BIGG Digital Assets Inc.

BIGG Digital Assets Inc. is a leading innovator in the digital assets space. Through its operating subsidiaries, BIGG owns Blockchain Intelligence Group, a leading developer of blockchain forensic software, and Netcoins, one of the largest cryptocurrency trading platforms in Canada. BIGG's mission is to enhance the security and transparency of blockchain technologies, while fostering the adoption of cryptocurrencies worldwide.

For further information, please contact:

BIGG Digital Assets Inc.
Mark Binns
Investor Relations
+1-416-503-3377
mark@biggdigitalassets.com

Netcoins
Alexis Nicolle
Head of Communications
press@netcoins.ca