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Abaxx Technologies Inc N.ABXX

Alternate Symbol(s):  ABXXF

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.


NEO:ABXX - Post by User

Post by Jethro980on Nov 22, 2023 1:46pm
319 Views
Post# 35748794

From Josh Crumb, long wait is over

From Josh Crumb, long wait is over “Abaxx welcomes this new funding from some of the world’s largest institutional investors and top commodity infrastructure portfolio managers,” said Josh Crumb, CEO of Abaxx. “Upon closing of this placement, the Company now has the backing and the capital certainty to proceed to the final licensing of our Exchange and Clearinghouse in Singapore. On behalf of the Abaxx board of directors, I would like to welcome our new institutional shareholders from Canoe Financial, K2 Asset Management and the multiple additional leading global institutional investors who participated in the placement.”
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