15:09:19 EDT Fri 22 May 2026
Enter Symbol
or Name
USA
CA



Abaxx Technologies Inc (2)
Symbol ABXX
Shares Issued 37,300,273
Close 2026-05-21 C$ 59.00
Market Cap C$ 2,200,716,107
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Abaxx launches Singapore silver futures contract

2026-05-22 11:17 ET - News Release

An anonymous director reports

SILVER SINGAPORE FUTURES NOW LIVE FOR TRADING ON ABAXX EXCHANGE

Trading has commenced in Silver Singapore (SSP) futures, expanding Abaxx Technologies Inc.'s Abaxx Exchange's precious metals product suite.

The contract is designed to address the gap between global silver price formation and the physical requirements of Asia's industrial silver market, where demand for higher-purity material is increasing across solar and advanced electronics supply chains. By establishing a physically deliverable four-nines silver benchmark in Singapore, Abaxx SSP futures are intended to support more direct price discovery and hedging for commercial participants managing physical silver exposure in the region.

The Abaxx SSP futures contract is a United States-dollar-denominated, 1,000-troy-ounce, physically deliverable product of 0.9999 fineness, with delivery into approved vaults in Singapore, including Brink's Singapore.

"The launch of Abaxx Silver Singapore futures marks a meaningful step forward for the global silver market," said Michael DiRienzo, president and chief executive officer of the Silver Institute. "Asia is increasingly central to silver demand, driven by the extraordinary growth in solar energy and advanced electronics, two sectors where high-purity silver is indispensable. By establishing a physically deliverable, four-nines silver contract benchmarked in Singapore, Abaxx is addressing a long-standing gap in price discovery for Asia's industrial silver users. The Silver Institute welcomes innovations that strengthen market infrastructure and give commercial participants better tools to manage their physical silver exposure."

SSP futures are available for trading from 1000 to 2400 SGT, Monday to Friday, except for Singapore public holidays. Contract specifications, participating clearing firms and brokers, and market access information are available at the Abaxx website.

About Abaxx Technologies Inc.

Abaxx Technologies is building smarter markets: markets empowered by better tools, better benchmarks and better technology to drive market-based solutions to the biggest challenges we face as a society, including the energy transformation and the transition to an AI-augmented economy.

In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is the indirect majority shareholder of Abaxx Singapore, which owns Abaxx Exchange and Abaxx Clearing, and the parent company of wholly owned subsidiaries Abaxx Spot and Adaptive Infrastructure.

Abaxx Exchange delivers the market infrastructure critical to the shift toward an electrified, low-carbon economy through centrally cleared, physically deliverable futures contracts in LNG (liquified natural gas), carbon, battery materials and precious metals, meeting the commercial needs of today's commodity markets and establishing the next generation of global benchmarks.

Abaxx Spot modernizes physical gold trading through a physically backed gold pool in Singapore. As a co-located spot and futures market for gold, Abaxx Spot enables secure electronic transactions, efficient OTC transfers and is designed to support physical delivery for Abaxx Exchange's physically deliverable gold futures contract, providing integrated infrastructure to deliver smarter gold markets.

Adaptive Infrastructure closes critical gaps in post-trade infrastructure by providing a unified custodial foundation across environmental markets and digital title assets. Incorporated in Barbados and regulated by the Financial Services Commission of Barbados, the company delivers institutional-grade custody, settlement and transfer agency services designed to reduce risk and improve reliability across asset classes.

Abaxx Labs is the company's center for engaging with the developer community to create the next generation of technology that will build smarter markets through open-source software tools that promote the use of Abaxx's ID++ technologies.

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