Core Viewpoint - Abaxx Technologies Inc. has announced a non-brokered private placement financing with a strategic investor, aiming to raise CAD$30.7 million through the issuance of 1,000,000 units at USD$22.00 per unit [1][3]. Financing Details - Each unit consists of one common share and one half of a share purchase warrant, with the full warrant allowing the purchase of an additional share at USD$25.00 for thirty months [2]. - The warrants include a call provision for the company to redeem them at USD$0.01 if the share price exceeds USD$30.00 for 20 consecutive trading days [2]. Use of Proceeds - Proceeds from the financing will be allocated for general corporate purposes, including funding operations of Abaxx Exchange and Clearing, product listings, pilot programs for Abaxx Private Digital Title technology, and hiring [3]. Closing Timeline - The financing is expected to close around October 15, 2025, pending formal documentation and regulatory approvals [4]. Strategic Importance - The financing is seen as a pivotal moment for Abaxx, coinciding with increased trading volumes and validation of its technology vision, which is expected to enhance hiring, product expansion, and network onboarding [5]. - The company emphasizes the commercialization of its proprietary Abaxx Digital Title platform, which aims to address the tokenization of over USD$50 trillion in financial assets [5]. Company Overview - Abaxx Technologies focuses on developing financial technologies that enhance market infrastructure, particularly in the context of a low-carbon economy, through its exchange and clearinghouse operations [6][8]. - The company is also involved in modernizing physical gold trading through its Abaxx Spot platform, which supports secure electronic transactions and physical delivery [9].

Core Viewpoint - Abaxx Technologies Inc. has launched Adaptive Infrastructure™, a subsidiary aimed at providing a unified custodial foundation across various markets and asset classes, addressing long-standing challenges in custody and settlement [1][14]. Group 1: Custodial Challenges and Solutions - Traditional financial infrastructure faces significant custody challenges, particularly with fragmented registries for environmental credits and siloed financial assets, leading to operational burdens and legal uncertainties [2]. - Adaptive offers institutional-grade custodial, settlement, and transfer agency services that consolidate ownership records and embed legal recognition into transactions, thereby reducing risk and improving reliability across asset classes [3][14]. Group 2: Market Infrastructure Development - Adaptive has been approved as an eligible custodian for Abaxx Exchange's carbon futures contracts, including specific carbon offset units, enhancing the infrastructure for environmental markets [4]. - As environmental markets grow increasingly fragmented, Adaptive provides post-trade services that facilitate the transfer, management, and retirement of credits across multiple venues, supporting Abaxx's vision for smarter markets [5]. Group 3: Tokenized Money Market Fund Pilot - Adaptive will act as the custodian for Abaxx's pilot testing of tokenized money market fund (MMF) shares, establishing secure accounts and maintaining accurate ownership records [6][7]. - The integration of Adaptive with Abaxx's ID++ identity framework and Private Digital Title technology ensures that MMF shares carry legally enforceable ownership and settlement attributes, essential for their use as collateral in regulated markets [7]. Group 4: Company Overview - Abaxx Technologies is focused on building smarter markets through improved tools and technology, addressing significant societal challenges such as the energy transition [9]. - The company is the majority shareholder of Abaxx Singapore Pte. Ltd., which owns the Abaxx Exchange and Abaxx Clearing, and is also involved in modernizing physical gold trading through Abaxx Spot [10][13].

Core Points - Abaxx Technologies Inc. will host an investor update call on August 11, 2025, to discuss recent technology pilot initiatives and operational milestones [1][2][3] - The call aims to provide insights into how these initiatives align with Abaxx's commercial strategy and progress in key business areas [2][3] Company Overview - Abaxx Technologies is a financial software and market infrastructure company, and it is the majority shareholder of Abaxx Singapore Pte Ltd., which owns the Abaxx Commodity Exchange and Clearinghouse [1][4] - The company focuses on developing financial technologies that enhance communication, trade, and transaction security [4] Market Infrastructure - Abaxx Exchange provides critical market infrastructure for the transition to a low-carbon economy through centrally-cleared, physically-deliverable futures contracts in various commodities, including LNG, carbon, battery materials, and precious metals [5] - Abaxx Spot modernizes physical gold trading with a physically-backed gold pool in Singapore, enabling secure electronic transactions and efficient OTC transfers [6] Strategic Goals - The company aims to create smarter markets by leveraging better tools, benchmarks, and technology to address significant societal challenges, including the energy transition [3][5]

Core Viewpoint - Abaxx Technologies Inc. has completed a pre-feasibility study on using tokenized money market funds (MMFs) as financial collateral, leveraging its proprietary technologies to enhance legal certainty and operational efficiency in regulated markets [1][2]. Group 1: Pilot and Feasibility Study - The company is advancing discussions for a second pilot transaction in Q4 2025, which will test the use of tokenized MMF shares as legally enforceable collateral [2]. - The planned pilot aims to demonstrate atomic settlement and establish legal finality for tokenized MMF shares compliant with SEC Rule 2a-7, targeting a stable value of $1.00 per unit [11][12]. Group 2: Technological Framework - Abaxx has developed a multi-layered market infrastructure that connects tokenized and traditional assets to collateral workflows, utilizing its ID++ Technology and various console applications [5]. - The Private Digital Title system embeds legal ownership and verifiable identity directly into the asset, addressing barriers to real-time finance and enhancing collateral mobility [6][8]. Group 3: Market Impact and Legal Framework - The Abaxx USD Trust Network is designed to turn tokenized MMF shares into identity-anchored, legally enforceable digital assets, potentially unlocking access to the multi-trillion-dollar High-Quality Liquid Assets (HQLA) collateral market [7]. - The framework aims to solve legal finality issues and the 'insolvency gap' that can arise when assets are held across different jurisdictions, ensuring regulatory compliance and transaction confidentiality [7][9]. Group 4: Industry Context - The Futures Industry Association (FIA) highlights the need for solutions that address legal finality and regulatory interoperability in the cleared derivatives industry, which the Abaxx USD Trust Network aims to fulfill [9]. - Industry leaders, such as BlackRock's CEO, emphasize the importance of solving identity authenticity and legal certainty challenges for the future of tokenization in markets [10].

Core Insights - Abaxx Technologies Inc. has launched a physically-deliverable Gold Kilobar Futures contract and a new gold trading platform, Abaxx Spot, in Singapore, aiming to enhance market infrastructure for precious metals [1][2][3] Company Overview - Abaxx Technologies is a financial software and market infrastructure company, and the majority shareholder of Abaxx Singapore Pte. Ltd., which owns the Abaxx Commodity Futures Exchange and Clearinghouse [1][10] - The company focuses on building smarter markets through better tools, benchmarks, and technology to address societal challenges, including the energy transition [10] Product Launch - The Gold Kilobar Futures contract is USD-denominated, physically deliverable, and sized to 1-kilogram, 9999-purity bars, catering to Asia's bullion trade [3][6] - Abaxx Spot provides a secure platform for the transfer of physically-allocated gold, allowing registered participants to maintain title to an undivided interest in the gold held in appointed vaults [5][7] Market Impact - This launch represents the first co-located spot and futures infrastructure for gold, designed to reduce fragmentation in global gold markets and align trading practices with actual market operations [2][6] - The integrated infrastructure aims to address structural inefficiencies that separate global benchmarks from physical trade, with pricing traditionally anchored in New York and London [8][12] Trading Operations - Trading on the Abaxx Gold Singapore Futures contract is available 14 hours per day, Monday through Friday, providing a regionally anchored benchmark for price discovery and risk management [4][3] - The platform is designed for physical market participants, including bullion dealers and refiners, offering global access to kilobar gold trading without the complexities of traditional OTC markets [7][8]

Core Insights - Abaxx Technologies Inc. has announced that its subsidiary, Abaxx Singapore, has achieved ISO/IEC 27001:2022 certification for its Information Security Management System (ISMS), confirming compliance with international standards for data security and operational resilience [1][2][3] Group 1: Certification Details - The certification was awarded by Prescient Security, an independent global cybersecurity firm, and is recognized as the global standard for information security management systems [2] - The certification process involved a comprehensive audit of Abaxx Singapore's IT systems, risk management protocols, and governance controls, confirming alignment with global best practices [3] Group 2: Company Statements - Nancy Seah, CEO of Abaxx Exchange, stated that achieving this certification demonstrates the company's commitment to high global standards for information security, providing assurance to market participants regarding the security of trade execution and data protection [4] Group 3: Company Overview - Abaxx Technologies is focused on building Smarter Markets through better tools and technology, addressing significant societal challenges such as the energy transition [5] - The company is the majority shareholder of Abaxx Singapore, which owns the Abaxx Exchange and Abaxx Clearing, and operates Abaxx Spot [6] - Abaxx Exchange aims to support the transition to a low-carbon economy by providing market infrastructure for futures contracts in LNG, carbon, battery materials, and precious metals [7]

Core Viewpoint - Abaxx Technologies Inc. is expanding its product offerings by launching Gold kilobar futures on June 12, 2025, aimed at enhancing the physical bullion trade in Asia [1][2]. Product Launch - The Gold futures are specifically designed for Asia's physical bullion market, utilizing the kilobar format to improve pricing accuracy and align futures settlement with physical market practices [2][3]. - The contract will be US dollar-denominated, kilobar-sized, and physically deliverable, with delivery into approved vaults in Singapore [2]. Market Infrastructure - The introduction of these futures contracts addresses existing structural mismatches in the gold market, facilitating better pricing and risk management [3]. - Abaxx is also launching Abaxx Spot, a new trading platform for physically-allocated gold, which will enhance market access and transparency [4][5]. Regulatory Compliance - Abaxx Spot Pte. Ltd. operates under the Precious Stones and Precious Metals (Prevention of Money Laundering and Terrorism Financing) Act 2019, exempt from holding a spot commodities broker license [6]. Company Overview - Abaxx Technologies aims to create smarter markets through improved tools and technology, addressing significant societal challenges, including the energy transition [7][9]. - The company is the indirect majority shareholder of Abaxx Singapore Pte. Ltd., which owns Abaxx Exchange and Abaxx Clearing, and operates Abaxx Spot [8].

Core Insights - Abaxx Technologies Inc. has successfully completed its first delivery under a carbon futures contract on the Abaxx Exchange, marking a significant milestone for the company [1][2] - The delivery involved 50 lots of May 2025 CORSIA Phase 1 Carbon Offset Unit Futures priced at USD $24.25 per tonne of CO₂ equivalent, validating the exchange's infrastructure for managing environmental assets [2][3] Company Overview - Abaxx Technologies is a financial software and market infrastructure company, and the majority shareholder of Abaxx Singapore Pte Ltd., which owns the Abaxx Commodity Exchange and Clearinghouse [1][7] - The company aims to create smarter markets by providing better tools, benchmarks, and technology to address societal challenges, including the energy transition [6][8] Market Infrastructure - The Abaxx Exchange offers a suite of physically-deliverable futures contracts across various sectors, including energy, environmental, battery materials, and precious metals [4][8] - The CORSIA Phase 1 Carbon Offset Unit Futures contract, launched in June 2024, is part of this growing suite and is designed to support price formation, risk management, and forward planning in environmental markets [4][8] Transaction Details - The first delivery was executed between Mercuria Energy Trading SA and a U.S.-based counterparty, facilitated by Eagle Commodities, with clearing services provided by KGI Securities, Marex, and another bank clearing firm [3][4] - The transaction involved the transfer of eligible CORSIA Phase 1 carbon units from Mercuria to a registry account for the buyer, fulfilling the delivery obligations under the futures contract [3][4] Commitment to Sustainable Finance - Abaxx Exchange's infrastructure is designed to empower clients in the evolving environmental asset landscape, emphasizing the importance of sustainable finance [4][8] - The successful execution of the carbon futures contract highlights the company's commitment to connecting capital to climate-linked exposures [4][8]

Core Insights - Abaxx Technologies Inc. has announced the first over-the-counter trade of an LNG cargo indexed to its LNG futures, marking a significant milestone in the global LNG market [1][2] - The transaction involves two Asia-based counterparties trading an LNG cargo from the Gulf of Mexico, with the price indexed to Abaxx GOM LNG futures, which settled at $12.46/mmBtu for May delivery [2] - The use of Abaxx futures for pricing reflects the need for more precise LNG pricing amid geopolitical shifts affecting global commodities markets [3] Company Overview - Abaxx Technologies Inc. is focused on building Smarter Markets through enhanced financial technology and market infrastructure, addressing challenges such as the energy transition [4] - The company is the majority owner of Abaxx Exchange and Abaxx Clearing, which are recognized by the Monetary Authority of Singapore as a Recognized Market Operator (RMO) and an Approved Clearing House (ACH) respectively [5] - Abaxx Exchange and Abaxx Clearing aim to provide better price discovery and risk management tools for commodities critical to transitioning to a lower-carbon economy [5]