Abaxx Technologies (ABXX.F) Update Summary Company Overview - **Company**: Abaxx Technologies - **Date of Call**: August 11, 2025 - **Context**: Special presentation in APEX Technologies' midyear investor call focusing on strategic updates rather than financial metrics Key Industry and Company Insights Industry Context - The call emphasizes the highly regulated nature of the commodities and financial markets, particularly in relation to new product offerings and technology integration Core Company Developments 1. **Strategic Update Focus**: The call is a strategic update, not a financial quarter-end call, with no discussion of financial reporting metrics or guidance [2] 2. **Pilot Programs**: Introduction of AbEx digital title and AbEx US dollar trust network technology pilots, which will initially occur outside of the regulated clearinghouse [3][4] 3. **Regulatory Status**: Abaxx Singapore is recognized as a market operator exchange and approved clearinghouse in Singapore, with revenue-generating futures products trading [4] 4. **Product Milestones**: Successful trading of physical delivery LNG and the first VCM carbon futures contracts, along with a new Singapore kilobar gold contract generating daily trading volume [4][5] 5. **Commercial Transition**: The company is transitioning into an operating and growth stage, ramping up commercial operations and revenues [5] Technology and Innovation 1. **Technological Vision**: The technology aims to upgrade the global post-trade and commodity financing collateral ecosystem, addressing structural inefficiencies [9] 2. **Digital Title and Trust Network**: The AbEx digital title and trust network are central to the long-term mission of building smarter markets [8][9] 3. **Identity and Legal Finality**: The technology focuses on establishing trusted digital identities and legal finality, which are critical for institutional adoption [20][28] 4. **Privacy and Compliance**: The system is designed to ensure privacy and compliance without relying on central surveillance, addressing a significant barrier for institutional participation [30][31] Financial and Market Opportunities 1. **Revenue Generation**: The company plans to monetize through SaaS licensing fees and transaction fees based on assets managed within the AbEx trust network [45][61] 2. **Market Potential**: The addressable market is estimated at 1,000,000 lots per day ADV, translating to potential annual revenues between $300 million and $500 million [79] 3. **Future Products**: Plans to introduce additional products, including money market funds, contingent on regulatory approval [70][76] Important Milestones and Achievements 1. **Trading Volume Growth**: Average daily volume for gold contracts increased from 200 lots in June to over 1,000 lots in August, indicating strong market adoption [54] 2. **Successful Transactions**: Completion of the first physical delivery of a regulated exchange-cleared voluntary carbon contract, validating the end-to-end infrastructure [55] 3. **Institutional Engagement**: Ongoing discussions with major players and regulators to ensure the technology meets market needs and regulatory standards [39][40] Conclusion - Abaxx Technologies is positioned at a transformative juncture, with significant advancements in technology and market engagement. The focus on regulatory compliance, innovative product offerings, and strategic partnerships is expected to drive future growth and market share expansion.