New 1,000 oz, four-nines silver contract expands Abaxx’s precious metals product suite
TORONTO and SINGAPORE, May 18, 2026 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company and majority shareholder of Abaxx Singapore Pte Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), today announced that Abaxx Exchange will launch Abaxx Silver Singapore futures on May 22, 2026, expanding Abaxx’s precious metals product suite.
The Abaxx Silver Singapore futures contract is purpose-built for the commercial requirements of the global industrial silver market, providing standardized reference pricing and risk management tools aligned with physical market practices. The contract is designed to provide a globally accessible benchmark for price discovery and hedging, with physical delivery in Singapore, intended to support Asian industrial trade flows. The Abaxx Silver Singapore futures contract is a U.S. dollar-denominated, 1,000 troy ounce, physically deliverable product of 0.9999 fineness, with delivery into approved vaults in Singapore.
“Silver is no longer only a precious metal story. It is increasingly tied to the industrial inputs behind solar, electronics, and advanced manufacturing,” said Russell Robertson, Chief Business Development Officer of Abaxx Exchange. “As those supply chains grow, commercial participants need pricing and risk management tools that connect more directly to the physical silver they source and use. The Abaxx Silver Singapore futures contract is designed to close that gap with a physically deliverable contract built around higher-purity silver and delivery in Singapore.”
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.
In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is the majority shareholder of Abaxx Singapore, which owns Abaxx Exchange and Abaxx Clearing, and the parent company of wholly owned subsidiaries Abaxx Spot Pte. Ltd. and Adaptive Infrastructure.
Abaxx Exchange delivers the market infrastructure critical to the shift toward an electrified, low-carbon economy through centrally-cleared futures contracts, including physically-deliverable and financially-settled products, in LNG, carbon, battery materials, precious metals, and weather-indexed renewables, 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 the first instance of 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 subject to oversight 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.