Original News Release
Bigg Digital's Netcoins applies for CIRO membership
Mr. Fraser Matthews reports
BIGG DIGITAL ASSETS ANNOUNCES FILING OF CIRO MEMBERSHIP APPLICATION BY NETCOINS
Bigg Digital Assets Inc.'s wholly owned subsidiary, Netcoins Inc., submitted a complete membership application to the Canadian Investment Regulatory Organization on May 27, 2026, in compliance with the terms and conditions of the exemptive relief decision dated Sept. 29, 2025, granted by the B.C. Securities Commission and other members of the Canadian Securities Administrators.
By filing the CIRO membership application, Netcoins satisfied a key regulatory milestone in connection with the undertaking provided by Netcoins to the B.C. Securities Commission and the Ontario Securities Commission. For additional information on the exemptive relief decision and the undertaking, please refer to the company's press release dated Sept. 29, 2025.
"Filing our CIRO membership application is a significant step forward in Netcoins' regulatory journey and reflects our ongoing commitment to operating Canada's leading compliant crypto trading platform," said Fraser Matthews, president and chief executive officer of Bigg and Netcoins. "We look forward to working constructively with CIRO through the formal review process."
As previously disclosed, Netcoins currently operates as a restricted dealer under the Canadian Securities Administrators' framework for crypto asset trading platforms and as a money service business registered with FINTRAC. The exemptive relief decision under which Netcoins operates sets out terms and conditions, including specified milestones, that Netcoins must satisfy to carry on its business in compliance with Canadian securities laws.
Under the terms of the undertaking, Netcoins was required to submit a complete CIRO membership application by no later than June 1, 2026. The company will issue a further press release when CIRO formally accepts the application, which will confirm that none of the triggering events set out in the undertaking have occurred.
About Bigg Digital Assets Inc.
Bigg Digital owns, operates and invests in crypto businesses that support a compliant and safe digital asset ecosystem. Bigg's portfolio includes:
Netcoins -- a regulated Canadian and American crypto trading platform;
Blockchain Intelligence Group -- blockchain analytic and forensic solutions;
TerraZero Technologies -- immersive media, Metaverse and Web3 development.
Bigg believes the future of crypto is secure, compliant and trusted.
Netcoins is a crypto trading platform providing secure, regulated access to a growing range of digital assets. With a commitment to transparency and compliance, Netcoins serves both retail and institutional investors, offering a trusted way to buy, sell, stake and custody crypto in Canada.
Blockchain Intelligence Group provides digital asset forensic and blockchain analytic solutions supporting AML, investigations and risk management for cryptocurrency activity.
TerraZero is an immersive media and Web3 development company focused on creating next-generation virtual experiences for brands. Through its Intraverse platform, TerraZero offers immersive experience creation, advertising, data analytics and digital events.
We seek Safe Harbor.
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