Core Insights - Abaxx Technologies Inc. reported significant operational milestones and execution of its business strategy in Q3 2025, with a notable increase in trading volumes and participant connectivity [9][11][13] Commercial Development - Trading in Gulf of Mexico (GOM) and North Pacific Asia (NPA) LNG Futures increased by 83% in September compared to August, totaling 9,486 contracts traded in Q3, equivalent to 27 physical cargoes [7][11] - Gold Singapore (GKS) Futures saw a total of 54,128 contracts traded through September 30, 2025, following a 242% month-over-month increase in July and a 167% increase in September [7][12] - The number of connected participants grew by 88% quarter-over-quarter, exceeding 150 firms, while connectivity with market makers and liquidity providers rose by 93% to 29 firms [7][13] Exchange Product Development - Abaxx launched its first weather derivatives, Enwex German Wind (GWM) Futures, on November 14, 2025, following the completion of contract specifications and operational preparations [19] - Continued development on silver market solutions and cash-settled LNG contracts to enhance risk management tools [20][18] Risk and Regulatory Development - The application to the U.S. Commodity Futures Trading Commission (CFTC) for recognition as a Foreign Board of Trade (FBOT) is under review, with ongoing engagement [10][20] - Clearing rule amendments were implemented to allow the use of multiple currencies for cash collateral, starting with the euro [10][14] Systems and Operations Development - System capacity was increased by approximately 150% to support growth in daily trading activity, alongside advancements in multi-currency settlement and collateralization features [17][14] - Integration with market data vendors continued to enhance price visibility and transparency [17] Financial Highlights - Abaxx announced a US$22 million non-brokered private placement, closing on October 20, 2025, raising the cash balance to approximately CAD$52 million [28] - The company recorded its first revenue from Singapore operations in Q3 2025, totaling CAD$0.3 million [28]

Core Insights - Abaxx Technologies has appointed Leah Wald as a Commercial Advisor to enhance the commercial readiness of its Digital Title platform ahead of a multi-market pilot program [1][2] - The company is focusing on initiatives such as tokenized gold markets and tokenized money market funds to facilitate real-time collateral transfers, aiming for institutional adoption [2][4] - Wald's extensive experience in scaling digital asset businesses and launching innovative financial products is expected to align with Abaxx's goals [3][4] Company Developments - The Digital Title pilot program includes tokenization of in-vault gold to make it a high-quality liquid asset (HQLA) [2] - Abaxx has launched a new podcast series titled "Re-engineering Tokenization" to discuss the barriers to current tokenization approaches and promote its law-anchored digital title technology [5] - The company aims to build market infrastructure and financial technology tools for the next generation of smarter markets [4][6] Market Positioning - Abaxx Technologies is positioned as a leader in developing financial technologies that enhance communication, trade, and transactions [7] - The company operates the Abaxx Exchange and Abaxx Clearing, focusing on facilitating the shift towards a low-carbon economy through various commodity markets [8] - Abaxx Spot is modernizing physical gold trading by enabling secure electronic transactions and supporting physical delivery for gold futures contracts [9]

Core Insights - The integration between MineHub Technologies Inc. and Abaxx Technologies Inc. aims to facilitate real-time title transfers for in-transit shipments of non-ferrous metals, marking a significant step in their collaboration announced in September [1][2][3] - This initiative is designed to connect physical trade documentation with financial systems, enhancing liquidity and capital efficiency in commodity markets [2][3] Company Overview - MineHub Technologies is a provider of digital supply chain solutions for commodity markets, focusing on improving efficiency, resilience, and sustainability in raw material supply chains [10] - Abaxx Technologies is a financial software and market infrastructure company, aiming to create smarter markets through better tools and technology, particularly in the context of the energy transition [4][5] Technical Integration - The first technical integration of Abaxx's Verifier+ identity application with the MineHub platform has been completed, laying the groundwork for a pilot program [1][2] - This integration is expected to demonstrate how trusted ownership records can enhance collateral efficiency in the metals trade [3] Market Potential - The collaboration is positioned to unlock a USD 50 trillion opportunity by connecting real-world assets to modern collateral and settlement systems [3] - The pilot program will engage prospective market participants to explore commercial use cases and shape the future of digital title transfers in commodity markets [3]

Company Overview - Abaxx is focused on the digital title initiative, aiming to innovate within the commodities sector [1] - The founder, Joshua Crumb, has a background in mining engineering and corporate development, particularly in the logistics and trading of physical commodities [1] Industry Experience - Joshua Crumb previously worked at Goldman Sachs as the Head of Metals Research and Strategy, emphasizing the trading side of physical commodities [2] - The company has experience dealing with major merchants and traders in the physical commodities market, utilizing futures and financial markets for financing [2]