Core Viewpoint - Abaxx Technologies Inc. has joined the Singapore Bullion Market Association (SBMA) as a Local Associate Member, reflecting its growing involvement in the physical gold market and the expansion of its kilobar futures contract [1][3]. Group 1: Company Developments - Abaxx Singapore, a subsidiary of Abaxx Technologies, is the owner of the Abaxx Commodity Exchange and Clearinghouse, which aims to enhance market infrastructure for precious metals [1][6]. - The company has demonstrated the mobilization of physical gold as collateral, facilitating T+0 ownership transfer to support financing against vaulted inventory, addressing inefficiencies in a $47 billion segment of gold trade finance [3][4]. - Abaxx's integrated market infrastructure in Singapore is designed to align with Asia's physical trade, contributing to the development of smarter precious metals markets [4][5]. Group 2: Industry Context - The SBMA is a non-profit organization that represents various participants in the precious metals value chain, supporting Singapore's role as a regional hub for physical gold trading [2]. - The introduction of the Abaxx Gold Singapore futures contract aims to establish a physically deliverable benchmark for kilobar gold, enhancing hedging efficiency and connecting physical and derivatives markets within the Asian time zone [4][5]. - The SBMA welcomes Abaxx Exchange as a member, highlighting the importance of the new futures contract in strengthening gold market infrastructure in Asia [4].

Core Viewpoint - Abaxx Technologies Inc. has joined the Singapore Bullion Market Association (SBMA) as a Local Associate Member, reflecting its growing involvement in the physical gold market and the expansion of its kilobar futures contract [1][3][4] Company Overview - Abaxx Technologies is a financial software and market infrastructure company, and the majority shareholder of Abaxx Singapore, which owns the Abaxx Commodity Exchange and Clearinghouse [1][6] - The company aims to build smarter markets through better tools and technology, addressing significant societal challenges such as the energy transition [5] Industry Context - The SBMA is a non-profit organization representing various participants in the precious metals value chain, supporting Singapore's role as a regional hub for physical gold trading [2] - The membership of Abaxx in SBMA aligns with the organization's goals to enhance Singapore's leadership in bullion services and market development [4] Market Developments - Abaxx's participation in the SBMA is indicative of its increasing role in the physical gold market, particularly with the growth of its kilobar futures contract [3] - The company has demonstrated the ability to mobilize physical gold as collateral, facilitating T+0 ownership transfer and addressing inefficiencies in the $47 billion gold trade finance segment [4] Strategic Initiatives - The newly launched Abaxx Gold Singapore futures contract aims to establish a physically deliverable benchmark for kilobar gold, supported by modernized title and transfer mechanisms [4] - Abaxx's integrated approach is expected to enhance hedging efficiency and connect physical and derivatives markets within the Asian time zone [4]

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]