Silver Singapore Futures Now Live For Trading On Abaxx Exchange

TORONTO and SINGAPORE, May 25 (Bernama) -- Abaxx Technologies Inc. (TSX: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”), which owns Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), today announced that trading has commenced in Silver Singapore (SSP) futures, expanding 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.