Asia Broadband Completes Minting Of New Silver-Backed Cryptocurrency and Pre-Registration Availability Begins With New Wallet Launch Next Week
Globenewswire·2026-02-04 13:00

Core Viewpoint - Asia Broadband Inc. has developed a new silver-backed token, AABBS, and completed its minting process, with pre-registration details to be announced soon alongside a new AABB Wallet release [1] Group 1: Company Developments - The company has increased its quarterly silver production, which aligns with the growth fundamentals in the silver market, prompting the creation of the AABBS token [2] - AABB has been accumulating silver bullion for two years to back the AABBS token, similar to its previous gold-backed AABBG cryptocurrency [2] - The company is evaluating the logistics for minting and distributing a special collection of physical silver coins to commemorate the AABBS token launch [3] Group 2: Market Context - Long-term economic conditions are expected to increase silver demand and support future price increases, making the timing for the AABBS token launch strategic [4] - Factors such as inflationary policies from world governments and Samsung's plans for silver-based EV batteries are anticipated to drive a silver price rally [2] Group 3: Company Overview - Asia Broadband Inc. focuses on precious metals production and the accumulation of physical gold and silver holdings, leveraging its geographic expertise and industry contacts in Mexico [5] - The company aims for its token to become a stable and trusted standard of exchange, with unique qualities compared to other cryptocurrencies [5]