BIGG Digital Assets Inc. Provides Corporate Update on Blockchain Intelligence Group

VANCOUVER, British Columbia, Jan. 20, 2022 (GLOBE NEWSWIRE) -- BIGG Digital Assets Inc. ("BIGG" or the "Company")(CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Blockchain Intelligence Group (blockchaingroup.io), a cryptocurrency compliance and intelligence company, is pleased to provide a full corporate update on the business and 2022 outlook.

Blockchain Intelligence Group capitalized on cryptocurrency’s momentum in 2021. Timely advancements to product and investment in marketing resulted in boosted revenue. Significant wins were recorded across its suite of products and services, especially software sales.

In Q4 2021, Blockchain Intelligence Group recorded gross operating revenue of approximately $466,000, with 72% from software sales, 27% from training, and 1% from forensic consulting. Revenues increased 114% year over year (YoY), with gross margin of approximately 89%.

Blockchain Intelligence Group celebrated a banner year in 2021, reporting gross operating revenue of ~$1.6M, with revenue increasing 62% over the prior fiscal year and gross margin of 88%. Blockchain Intelligence Group is well-positioned to expand its customer base and grow its revenue through 2022.

During the last 12 months, dozens of new software clients were added, such as a Fortune 500 bank, US regional banks, VASPs, a global management consultancy, KYC providers, accountants, and independent investigators. New contracts were secured evenly throughout North America, Europe, Asia, Australia, Africa, and South America. Training was delivered to dozens of organizations, such as federal agencies in the US and Canada, a Fortune 500 telecom, VASPs, blockchain industry associations, and others.

Blockchain Intelligence Group minted dozens of new strategic partnerships and reseller agreements in Hong Kong, Singapore, Taiwan, Barcelona, Sweden, the UK, and the US. Cryptocurrency price appreciation during 2021, which saw Bitcoin and other coins reach all-time highs, has driven awareness in the digital asset sector. Blockchain Intelligence Group is the third most recognized blockchain analytics company globally by Share of Voice (SoV). SoV is a measurement of brand mentions in global media coverage. The top two blockchain analytics companies by SoV are both tech unicorns - startups with valuations above USD $1 billion.