Abaxx Confirms Active Trading in Gold Singapore Futures Following Launch

Abaxx Confirms Active Trading in Gold Singapore Futures Following Launch

Toronto, June 15, 2025 — Abaxx Technologies Inc., a leading provider of financial software and market infrastructure solutions, has officially announced the commencement of active trading in gold futures contracts on its newly launched platform in Singapore. This development marks a significant milestone for the company as it expands its footprint in the commodities trading space, offering investors and traders enhanced access to precious metals through a sophisticated and transparent marketplace.

Abaxx Technologies, listed on the CBOE and OTCQX markets under the ticker symbols ABXX and ABXXF, confirmed that following the recent launch of its Singapore-based commodity exchange, trading activity in gold futures has been robust. The company reports that multiple traders and institutions have engaged in daily transactions, reflecting strong market interest and confidence in the platform’s capabilities.

The gold futures contracts traded on Abaxx’s Singapore exchange are designed to provide a reliable and efficient means of hedging and speculation in the gold market. The platform offers real-time data, transparent pricing, and advanced trading tools, all built to support market participants from around the globe. The company emphasizes that the active trading volume indicates immediate market acceptance, positioning the platform as a new hub for gold derivatives in Asia.

Abaxx Technologies specializes in developing innovative market infrastructure solutions, aiming to modernize and streamline commodities trading across different regions. Its majority ownership of Abaxx Singapore Pte Ltd. underscores the company's strategic focus on establishing a strong presence in Asia’s rapidly growing commodities markets.

The launch of the Singapore-based gold futures platform aligns with Abaxx’s broader vision to facilitate more efficient and accessible trading environments for commodities, especially in regions where market infrastructure is still evolving. Singapore, recognized as a major global financial hub, provides an ideal base for expanding commodities trading, given its robust regulatory framework and extensive network of financial institutions.

The gold futures contract itself is a key product within Abaxx’s suite of offerings, catering to a diverse set of market participants including institutional investors, hedge funds, and retail traders. By providing a transparent and liquid marketplace, Abaxx aims to attract more participants into the gold derivatives market, thereby enhancing price discovery and market stability.

The confirmation of active trading in gold futures on Abaxx’s platform signals promising growth prospects for the company and the broader commodities market in Asia. Industry analysts suggest that the platform's success could stimulate increased trading volumes and liquidity, encouraging other market players to consider Singapore as a strategic trading hub.

Furthermore, as Abaxx continues to develop its infrastructure and expand its product offerings, the company hopes to establish itself as a key player in the digital transformation of commodities trading. The active engagement in gold futures is likely just the beginning, with plans to introduce additional contracts and trading services tailored to meet the diverse needs of global traders.

Abaxx Technologies’ recent confirmation of active gold futures trading on its Singapore platform marks an important step forward for the company and the region’s commodities trading landscape. With strong initial activity and a strategic focus on innovation and market accessibility, Abaxx is well-positioned to influence the future of gold derivatives trading in Asia. As the platform gains traction, market participants can expect more efficient, transparent, and robust trading opportunities, reinforcing Singapore’s status as a premier global commodities hub.