BIG Blockchain Intelligence Group Shares up this week.
It’s the second to last day of trading, and BIG Blockchain Intelligence Group appears to be ending the week in the right away. At press time, the Canadian company is trading up nearly 10%.
Why, though? Did BIG Blockchain Intelligence Group (CNSX:BIGG) report anything today? Let’s see what we can find out.
BIG Blockchain Intelligence Group | The Latest
First, let’s take a look at the BIGG stock. According to Google Finance, at 2:56 p.m. EDT, BIG Blockchain was trading at $0.22. This means the stock was up 7.14% at the time.
What’s interesting is that BIG Blockchain Intelligence Group has not announced anything today that would cause a nearly 10% jump. In fact, the company hasn’t announced anything since June 4. With that being said, it was a pretty significant announcement, so it is very possible the market is still riding out the wave.
BIG Blockchain Forms New Partnership
On June 4, BIG Blockchain Intelligence Group announced that it had entered into a partnership with Reitium Blockchain Technologies. Under the terms of the agreement, BIG Blockchain’s BitRank Verified service will be combined into the Reitium platform. Both companies will profit from this partnership.
This is not the first partnership BIG Blockchain has announced over the past two months. On May 30, despite hitting a new 52-week low on the same day, the company announced that it had partnered with the AML Shop, which is a group of anti-money laundering experts.
The Company
For those who don’t know, BIG Blockchain is based in Vancouver, British Columbia. Primarily it is a developer of Blockchain technology data analytics solutions. It offers these solutions to law enforcement agencies and government agencies. Right now, BIG Blockchain Intelligence has a market capitalization of less than 25 million. It is sitting at 23.55 million.
Featured Image: Facebook
