KASIKORN X (KX), a subsidiary of KASIKORNBANK and KBTG, launches Bigfin, a digital asset investment analysis platform, enhancing efficiency in portfolio management for retail investors worldwide. The company aims to reach 200,000 users within 2023.
Paul Arriyavat, Venture Director of KASIKORN X Co., Ltd., said the digital asset market is very volatile. For example, Bitcoin lost more than 70% of its value from its peak in November 2021 at 67,500 USD to 20,000 USD in June 2022. Investing in digital assets requires active portfolio tracking to manage risks and returns. However, existing tools in the market could not provide retail investors with meaningful data to solve their pain points. Examples of challenges are low awareness of investment costs, could not address significant changes in a portfolio in time, and cannot analyze the profits and losses of the portfolio or each asset. These pain points make investing in digital assets very opaque and frustrating for most people, and KX wants to provide a meaningful tool for investors worldwide.
KX launches Bigfin as a platform that helps global retail investors to monitor their digital asset portfolios by providing meaningful data and alerts. Bigfin aims to replace manual processes and tools to save time and effort. By visiting the website https://bigfin.finance and entering their wallet address, Bigfin will analyze investors’ portfolio and provide information that matters in seconds. Key highlights of Bigfin at launch are:
- Running Balance shows the user’s profit and loss at the portfolio level or for each asset.
- Transaction History shows easy-to-understand transaction history by category, asset transactions, and transaction fees in a clear and straightforward format.
- Manual Cost Basis Entry allows users to add their investment cost for better profit and loss calculation.
Bigfin currently supports the top 1,000 digital assets by market capitalization on the Ethereum blockchain, and is working to add more digital assets across other blockchains and centralized exchanges to support the global retail investors. KX aims to reach 200,000 users within 2023. Learn more about the feature roadmap and join the Bigfin community at https://bigfin-finance.gitbook.io/