Plug and Play Metaverse Partner, TerraZero, Acquired by BIGG Digital Assets

SUNNYVALE, Calif., January 17, 2024 - Plug and Play proudly announces that metaverse partner, TerraZero Technologies Inc., was acquired by BIGG Digital Assets in September of 2023, with TerraZero CEO Dan Reitzik stepping in as Interim CEO of BIGG Digital Assets in October of 2023. This achievement represents a significant milestone in the evolution of the Metaverse and Blockchain technology, positioning both companies to shape the future of entertainment and digital asset management.

Founded in 2021 and headquartered in Vancouver Canada, TerraZero was created to redefine the future of how humans interact with the world around them. The company's founder, Dan Reitzik, recognized the metaverse's power to create the future of entertainment and sought to leverage this opportunity.

“As the former co-founder and CEO of DMG Blockchain Solutions (TSXV:DMGI) I led one of North America’s largest bitcoin mining companies, reaching a market cap of more than $500M and raising in excess of $100M. Combining TerraZero with BIGG Digital Assets (CSE:BIGG) presents a great opportunity to demonstrate how crypto, blockchain, and metaverse are unified to create the next version of today’s internet, a more immersive, engaging, and private internet. At DMG we acquired Blockseer, a Plug and Play portfolio data analytics company, and to be on the other side of this with TerraZero being acquired, the circle is complete.”

Plug and Play first encountered TerraZero in early 2022 when the company served as a gamification subject matter expert, followed by further engagements as part of the InnovationLink program and additional Selection Day presentations. TerraZero’s involvement with Plug and Play has provided an invaluable platform for Terrazero to refine its offerings and establish meaningful connections within the financial technology sector, gaming sector, CPG sector, Entertainment sector, and many others.

"We recognized the potential of TerraZero's blockchain solutions, and this led us to deepen our engagement with the team, ultimately leading to an equity position,” said Maximillian Jungreis, Head of Plug and Play Crypto & Digital Assets. “We are thrilled to witness TerraZero's remarkable journey from its inception to its recent acquisition by BIGG Digital Assets and are excited to continue fostering such success stories within our ecosystem"

Plug and Play subsequently introduced TerraZero to potential partners, facilitating the growth and development of the startup. The acquisition by BIGG Digital Assets marks a significant milestone in TerraZero's journey. TerraZero’s clients include Fidelity International, Molson Coors’ Miller Lite, Bacardi’s Premium Bourbon Brand Angel’s Envy, PricewaterhouseCoopers, Estée Lauder Companies, Warner Records, CBS, Duolingo, and many others.

Plug and Play's role in this acquisition reflects its commitment to fostering innovation and connecting visionary entrepreneurs with strategic partners. As blockchain technology continues to reshape industries, Plug and Play remains at the forefront of supporting acquisitions like this one.

For more information on Plug and Play and its commitment to fostering innovation, please visit here.

About BIGG Digital Assets Inc.

BIGG Digital Assets Inc. (BIGG) believes the future of crypto is a safe, compliant, and regulated environment. BIGG invests in products and companies to support this vision. BIGG has three portfolio companies: Netcoins (netcoins.com), Blockchain Intelligence Group (blockchaingroup.io), and TerraZero (terrazero.com).

For more information and to register for BIGG’s mailing list, please visit our website at https://www.biggdigitalassets.com.

About Plug and Play

Plug and Play is the leading innovation platform, connecting startups, corporations, venture capital firms, universities, and government agencies. Headquartered in Silicon Valley, we're present in 50+ locations across five continents. We offer corporate innovation programs and help our corporate partners in every stage of their innovation journey, from education to execution. We also organize startup acceleration programs and have built an in-house VC to drive innovation across multiple industries where we've invested in hundreds of successful companies including Dropbox, Guardant Health, Honey, Lending Club, N26, PayPal, and Rappi. For more information, visit https://www.plugandplaytechcenter.com/.

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