TORONTO and SINGAPORE, May 26, 2026 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (TSX:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company and the indirect majority shareholder of Abaxx Singapore Pte Ltd. (“Abaxx Singapore”), which owns Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), today announced active trading in its physically-deliverable Silver Singapore futures following the contract’s official launch on May 22, 2026.
Abaxx Silver Singapore futures saw active trading during their first two trading sessions, with participation from firms across Singapore, Thailand, and India. The early activity follows the May 22 launch of the contract, which expands Abaxx Exchange’s precious metals product suite with a silver futures contract designed for the commercial requirements of Asia’s industrial silver market.
The Abaxx SSP futures contract is a U.S. dollar-denominated, 1,000 troy ounce, physically deliverable contract for silver of 0.9999 fineness, with delivery into approved vaults in Singapore. The contract is intended to support more direct price discovery and hedging for commercial participants managing physical silver exposure tied to solar, electronics, and advanced manufacturing supply chains.
“KGI Securities Singapore is pleased to support client access to Abaxx Silver Singapore futures,” said Ken Ong, CEO of KGI Securities Singapore. “For clients active in Asia’s physical silver market, Abaxx’s Singapore-based futures contract provides another practical tool to manage price risk in the region.”
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 abaxx.exchange/resources/start-trading.
About Abaxx Technologies
Abaxx Technologies Inc. (TSX: ABXX | OTCQX: ABXXF) 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, 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.
