Abaxx Provides Q3 2025 Corporate Update

Executive Summary

• Abaxx Technologies reported strong Q3 2025 operational growth, with trading volumes on its exchange up 83% month‑over‑month in LNG futures and a total of 54,128 Gold Singapore contracts traded to date.
• The company closed a US$22 million non‑brokered private placement on October 20 2025, raising cash to approximately CAD 52 million and recording its first Singapore revenue (CAD 0.3 million).
• Multiple product and infrastructure initiatives were advanced, including the launch of German Wind Futures, expansion of multi‑currency collateralisation, ISO 20022 compliance, and the creation of Adaptive Infrastructure for custodial services.

Key Details

• Trading Activity
• LNG futures contracts traded in Q3 2025: 9,486 (up 83% YoM, equivalent to 27 physical cargoes).
• Gold Singapore (GKS) Futures contracts through Sep‑30‑2025: 54,128.

• Participant base grew 88% QoQ to >150 firms; market makers/liquidity providers rose 93% QoQ to 29 firms.

• Product Development

• Finalized specifications and operational prep for Enwex German Wind (GWM) Futures; launch scheduled for Nov 14‑2025.
• Advanced silver futures, platinum/rhodium contracts, and Stage 3 development of cash‑settled LNG contracts.

• Completed core platform for Private Digital Title pilots (physical gold & tokenized money‑market fund).

• Regulatory / Risk

• Ongoing CFTC application for Foreign Board of Trade (FBOT) status; clearing rule amendment allows EUR collateral, with more currencies to follow.

• Systems & Operations

• Implemented multi‑currency settlement and collateralisation features.
• Increased system capacity ~150%; deployed leased‑line order routing infrastructure.

• Advanced ISO 20022 messaging alignment and ISO 27001 certification work.

• Console Suite & Partnerships

• Launched Adaptive Infrastructure subsidiary to provide custodial, settlement, and transfer‑agency services; approved custodian for carbon futures.
• Partnered with MineHub Technologies on Private Digital Title pilots for non‑ferrous metal shipments (copper, aluminum).

• Delivered Verifier+ Integration Kit to MineHub and Abaxx Spot; integration testing completed Oct 2025.

• Financial Highlights

• US$22 million private placement closed 20 Oct 2025 (non‑brokered).
• Cash balance post‑placement: ~CAD 52 million.

• First Singapore revenue recorded in Q3 2025: CAD 0.3 million.

• Management Updates

• Russell Robertson appointed Chief Business Development Officer, bringing two decades of exchange experience.

• Investor Call

• Quarterly business update scheduled for Wed 19 Nov 2025, 10:00 a.m. EST via Zoom (registration required).

Notable Quotes

(No direct quotes were provided in the release.)