From GlobeNewswire: 2024-07-09 08:30:00

BIGG Digital Assets Inc. reports Netcoins unaudited Q2 2024 results, with quarterly revenue of $2.1 million, a 100% increase from Q2 2023. Netcoins processed $158 million in crypto trading volume in Q2 2024, compared to $56.5 million in Q2 2023. Total cash, digital assets, and investments were approximately $15.3 million as of June 30, 2024, and Assets Under Custody were over $147 million.

Netcoins CEO Fraser Matthews highlighted the addition of 7 assets for Trading and 2 assets for Staking in the first half of 2024. The platform’s total registered users increased to approximately 232,343 during Q2 2024, with total trading revenue up by 100% compared to Q2 2023. Netcoins Pay Card Transaction Volume reached approximately $3 million in Q2 2024.

BIGG Interim CEO Dan Reitzik expressed excitement over Netcoins’ growth, citing continued expansion in the United States as evidence of the platform’s success. With various key initiatives driving growth since Q4 2023, Netcoins has positioned itself as a North American trading platform. Netcoins offers services like OTC Sales and Trading Growth, and investment in new coins for Trading and Staking.



Read more at GlobeNewswire:: Netcoins Announces Unaudited Q2 Results