Abaxx Technologies Inc N.ABXX

Alternate Symbol(s): ABXXF

Technology Software - Application

Abaxx Technologies Inc. is a Canada-based financial software and market infrastructure company. The Company is developing and deploying software tools that make communication, trade, and transactions secure. The Company has launched Abaxx Commodity Futures Exchange and Clearinghouse, regulated by the Monetary Authority of Singapore, to support trading and risk management with physically settled benchmark futures contracts in the commodity markets at the center of the energy transition to a low-carbon emissions economy. Its products include Abaxx Verifier, Abaxx Drive, Abaxx Messenger, Abaxx Exchange, Abaxx Clearing and Abaxx Infrastructure. The Company is also focused on building Smarter Markets, which allow tools, benchmarks and technology to drive market-based solutions to challenges, including climate change and the energy transition. The Abaxx Verifier is a secure password, identity and verification application.

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Abaxx Technologies Inc

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Post by truediligenceon Jun 08, 2022 12:08pm

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Abaxx history

Abaxx executed and Reverse Takeover of New Millennium Iron Corp. (NML) in Dec. 2020. NML, a junior miner, brought to the table: no debt, between $10-20 million cash, massive iron ore reserves (28 billion tonnes), and iron ore dock loading rights worth millions more. Abaxx brought the promise of a new commodity exchange in Singapore (license approved “in principle”) and a new “powerful” business suite of software (ID++). A year and a half after the RTO there is no licensed commodity exchange and no indication that a single dollar has been generated by the ID++ software suite. What is going on here?

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Who, why, and what of the great "Crypto Surge"