Northwire Canada EditionThursday, October 15, 2026
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Management

Bigg Digital Assets appoints Matthews as CEO

BIGG · Price

Executive Summary

  • Bigg Digital Assets Inc. appointed Fraser Matthews as Chief Executive Officer, effective immediately, succeeding interim CEO Dan Reitzik.
  • Matthews will retain his role as CEO of Netcoins, which has delivered strong financial growth with revenue rising from $4.9 million in 2022 to $11.5 million in 2024 and annual trading volume exceeding $1 billion in 2025.
  • The leadership transition supports a strategic focus on scaling regulated digital asset infrastructure, driving execution across operating subsidiaries, and advancing toward CIRO registration by June 2026.

Key Details

  • Leadership Transition: Fraser Matthews appointed as CEO effective immediately; Dan Reitzik transitions from interim CEO to a consulting/transition role for a defined period to ensure continuity.
  • Netcoins Financial Performance: Revenue increased from $4.9M (2022) to $11.5M (2024); annual trading volume surpassed $1B in 2025.
  • Strategic Focus: Scaling regulated digital asset infrastructure, strengthening global digital asset ecosystem position, disciplined execution, responsible product innovation, and continued investment in regulatory and operational excellence.
  • Regulatory Milestone: Submission of Canadian Investment Regulatory Organization (CIRO) application targeted for June 1, 2026.
  • Corporate Portfolio: Includes Netcoins (regulated Canadian/American crypto trading platform), Blockchain Intelligence Group (blockchain analytics and forensics), and TerraZero Technologies (immersive media, metaverse, and Web3 development).

Notable Quotes

  • Fraser Matthews, CEO: "Bigg is uniquely positioned to build a leading global digital asset platform anchored by Netcoins' strong operating performance and trusted brand... I appreciate the board's confidence and look forward to leading Bigg through its next chapter of growth."
  • Lance Morginn, Chairman: "On behalf of the board, I thank Dan for his steady leadership and meaningful contributions during this important, pivotal period for Bigg... The board is confident in his ability to execute Bigg's strategy and drive long-term shareholder value."
Read the original news release →

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