• Netcoins revenue grew by 31 per cent month over month in April
  • Monthly revenues hit a new record high of ~$1.55 million
  • Monthly active users grew by 37% MoM
  • BIGG Digital Assets invests in companies that support a safe, compliant and regulated cryptocurrency market
  • Netcoins develops brokerage and exchange software to make the purchase and sale of cryptocurrency accessible to consumers and investors
  • BIGG Digital Assets (BIGG) opened trading at C$2.25 per share

Monthly revenues for Netcoins grew by 31 per cent month over month (MoM) in April.

Trading volumes set another consecutive monthly record at $147 million

Netcoins would like to update shareholders with the following key metrics from April:

  • Monthly revenues hit a new record high of ~$1.55 million
  • Monthly active users grew by 37% MoM
  • Daily verified users (full KYC) grew by 38% MoM
  • Trading margins continue to track above 1%

The numbers above do not include revenue from subsidiary Blockchain Intelligence Group, and hence do not represent complete revenues for BIGG Digital Assets Inc.

Netcoins president, Mitchell Demeter, remarked,

“In April we set another new high watermark for revenue and transactions on the Netcoins platform. Our customers continue to find amazing support from our team and product, and we continue to welcome a high volume of new customers to crypto investing and trading each month. We also continue to scale our infrastructure to support our customers with a seamless technology experience. We look forward to providing more updates as the business grows.

BIGG Digital Assets believes the future of crypto is a safe, compliant and regulated environment. BIGG Digital Assets Inc. (BIGG) invests in products and companies to support this vision. BIGG owns two operating companies: Netcoins and Blockchain Intelligence Group.

Netcoins develops brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor.

BIGG Digital Assets (BIGG) opened trading at C$2.25 per share.

More From The Market Online

Top crypto stocks and ETFs to consider before the Bitcoin halving

Read about 10 of the highest-performing Bitcoin stocks and ETFs leading up to the cryptocurrency's April 2024 halving.

Hut 8 right-sizes mining capacity before Bitcoin halving

Hut 8, one of North America's largest Bitcoin miners, energizes one-third of its 63 MW Salt Creek mining site in Culberson County, Texas.
Cryptocurrencies

Regulatory clarity for market evolution: Canada’s position in global crypto industry

Canada is a forefront contender in financial innovation and cryptocurrency, with significant potential to dominate the digital asset sector.

Crypto stock Bitfarms adds upside to rising Bitcoin price

Bitfarms (TSX:BITF) reaches a hashrate of 7 exahash per second after installing over 5,000 Bitmain T21 miners in Quebec.