Agreement supports the formation of a Singapore-based VCC structure to enable the use of money market fund shares as T+0 collateral at Abaxx Clearing
TORONTO, May 07, 2026 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, and indirect majority shareholder of Abaxx Singapore Pte Ltd. (“Abaxx Singapore”), owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), today announced a commercial engagement with Alta Alternative Investments Pte. Ltd. (“Alta”), one of Asia’s leading regulated brokerages, securities exchanges, and fund management platforms, to advance the use of money market fund shares as T+0 collateral for margin at Abaxx Clearing, moving Digital Title toward its first commercial implementation.
In December 2025, Abaxx demonstrated in a pilot that its Digital Title can provide a legally enforceable and operational mechanism to instantly mobilize money market fund shares as collateral for margin and financing. Evidence of legal title transferred immediately on margin call, giving the receiving party direct ownership of the underlying money market fund shares, rather than a pledged claim exposing them to an insolvency gap, while the original holder continued to earn yield on the same principal throughout the transaction.
Following the successful pilot, Abaxx has moved from pilot transactions to commercial partnerships, engaging with Alta to advance the use of money market fund shares as T+0 collateral for margin at Abaxx Clearing.
Abaxx and Alta have signed a letter of engagement to partner in the establishment of a Singapore-based Variable Capital Company (“VCC”) umbrella structure, including a sub-fund designed to invest in USD-denominated money market instruments and short-term fixed income securities, to support the use of those fund shares as T+0 collateral within Abaxx Clearing, while allowing yield on those assets to continue to accrue.
The VCC will be a Singapore-regulated open-ended fund vehicle designed for institutional use, providing the legal structure for those fund shares to be recognized as collateral within Abaxx Clearing, subject to regulatory approval. Alta is a Singapore-licensed fund management company, and will serve as fund manager for the VCC structure.
“This partnership with Abaxx Technologies marks a pivotal moment in extending Alta’s fund management capabilities into the cash and collateral space,” said Kelvin Lee, Group CEO, Alta. “Money market funds are highly liquid, short-duration vehicles invested in short-term debt instruments. The Abaxx Alta MMF is built for clearing participants: members holding margin at Abaxx shouldn’t have to choose between liquidity and yield, and by structuring the sub-fund’s units to function as T+0 collateral, we give them both. This works alongside Abaxx’s Digital Title technology, with real-time visibility into the sub-fund’s holdings across all parties providing the transparency required for the units to function as live collateral, something difficult to achieve under traditional settlement timelines. We’re proud to be Abaxx’s first integration partner, and optimistic about what this infrastructure can unlock for institutional markets.”
Initial margin held at the ten leading clearinghouses totaled approximately $915.7 billion at the end of 2024¹. Firms hold trillions more in commodities and securities that are not widely used as collateral, while assets that are in motion often move on T+1 cycles, requiring FCMs to maintain precautionary capital reserves.
Abaxx Digital Title pairs cryptographically secured evidence of ownership with verified identity to convert commodities and securities into high-velocity, yield-bearing T+0 instruments, enabling their use as collateral and supporting a more capital-efficient global trading system. To view a demonstration of Digital Title mobilizing money market fund shares for collateral, visit https://digital-title.abaxx.tech.
¹ Futures Industry Association, Tokenisation: Accelerating the Velocity of Collateral, 2025.
About Abaxx Technologies
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 transition.
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, the owner of 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 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.
