Netcoins Canada Provides Q1 2025 Results

From GlobeNewswire: 2025-05-06 08:30:00

BIGG Digital Assets Inc. provides unaudited first-quarter financial guidance for Netcoins’ Canadian operations, with a trading volume increase of 26% YoY to $334 million and total revenue expected at $3.3 million. Operating expenses decreased to $2.1 million, resulting in a net loss of $676k due to unrealized losses on crypto inventory.

Netcoins achieved profitability in Q1 2025 and became an Alliance Partner with Circle (USDC). The company launched an updated Web Application with TradingView, re-launched Netcoins.com with a new design, and added eight new coins for trading. CEO Fraser Matthews highlighted growth in the Netcoins API and OTC Trading Desk with significant Institutional clients.

The financial results are based on preliminary, unaudited estimates subject to change upon finalization for the year ended December 31, 2025. BIGG Digital Assets Inc. expects to file its consolidated interim financial statements by the end of May 2025. Dan Reitzik, Interim CEO, can be contacted for more information at [email protected] or 778.819.3890.

BIGG Digital Assets Inc. believes in a safe, compliant, and regulated crypto environment. The company invests in products and companies like Netcoins, Blockchain Intelligence Group, and TerraZero. Netcoins offers secure crypto trading in Canada and the USA with over 60 assets for trading, Netcoins Pay Mastercard, and Staking services. For more information, visit www.Netcoins.com.



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