Abaxx Technologies to acquires stake in Artex

Mr. Josh Crumb reports ABAXX TECHNOLOGIES ACQUIRES STRATEGIC POSITION IN ARTEX AG, EXTENDING CAPABILITIES IN EUROPE AND TO NEW MARKETS IN FINE ART Abaxx Technologies Inc. has acquired a strategic position in Artex AG, the world's first regulated, institutionally backed trading venue for fine art, which is operated by Artex Global Markets AG, a subsidiary of Artex. In connection with this strategic investment, Abaxx has entered into a co-operation agreement with Artex, which provides access to a new regulated financial market for Abaxx's proprietary digital title and ID++ technology and the opportunity to develop new tradable futures contracts on Abaxx Exchange based on a transparent, transaction-based price index for fine art. The co-operation is anchored in a shared interest in building new market infrastructure and trusted technology to unlock value in historically opaque real-asset markets and providing Abaxx with deepened access and capabilities in Europe, including: Access to a new commercial vertical for Abaxx's private digital title and ID++ technology within the multitrillion-dollar addressable market for tokenized global financial assets; A source of transparent, real-time transaction data for securitized fine art, which can serve as the basis for a fine art price index, on which a benchmark futures contract can be developed for trading on Abaxx Exchange; A strategic partnership with a regulated exchange in Europe and access for Abaxx Exchange to Artex's network of institutional partners, including European banks, asset managers and other major financial institutions. "Smarter markets require smarter data and trusted market infrastructure," said Josh Crumb, founder and chief executive officer of Abaxx. "The global art market -- with $2.5-trillion of assets in private hands -- has remained opaque and illiquid precisely because it lacks both. What Artex has accomplished is incredibly difficult. Like Abaxx, they are innovators who have spent years building the foundational, regulated infrastructure needed to unlock a new asset class. By integrating our platforms, we expand our technology footprint into a global asset class and secure the foundation for a pipeline of new, tradable futures products on Abaxx Exchange." "Abaxx is the ideal partner to accelerate our mission," said Yassir Benjelloun-Touimi, chief executive officer and co-founder of Artex. "My career has centred on creating liquid, tradable markets from complex and illiquid assets, and Abaxx shares that DNA. Their expertise in market structure and state-of-the-art digital title technology are the perfect complement to our regulated exchange. Together, we will enhance robustness, expand global reach and provide critical validation to our institutional partners as we establish art as a legitimate mainstream asset class." Artex investment details Under the terms of the securities exchange agreement, Abaxx will acquire two tranches of zero-coupon convertible debentures, convertible into: (i) up to 10 per cent of Artex's issued and outstanding common shares on a fully diluted basis at the time of conversion for a period of three years from the date of issuance of each respective debenture at a deemed conversion price of $1-million per approximately 1 per cent of Artex's issued and outstanding common shares on a fully diluted basis; and (ii) common share purchase warrants issued by Artex giving Abaxx the right to acquire up to an additional 9.9 per cent of Artex's issued and outstanding common shares on a fully diluted basis, exercisable for a period of three years from the respective date of issuance of the Artex warrants at an exercise price based on the valuation of Artex at the time of exercise, as approved by Artex's board of directors and, where applicable, regulatory approvals. Artex has issued the Artex debentures under the first tranche, with the second-tranche closing expected to occur on or around January, 2026. About Artex AG Co-founded by financial markets expert and accomplished art collector and Prince Wenceslas of Liechtenstein, Artex Global Markets AG, a subsidiary of Artex, operates a regulated multilateral trading facility (MTF) for fine art. Artex democratizes access to masterpieces -- ranging from the Renaissance to the 20th century -- by enabling fractional ownership and real-time trading. Listed artworks are exhibited globally in renowned institutions. Artex Global Markets is operated by Artex Global Markets AG, a company incorporated in the principality of Liechtenstein under company number FL-0002.682.571-2, with registered offices at Wuhrstrasse 6, 9490 Vaduz, Liechtenstein. Artex Global Markets is regulated by the Financial Markets Authority under reference No. 307407. About Abaxx Technologies Inc. Abaxx Technologies is building smarter markets: markets empowered by better tools, better benchmarks and better technology to drive market-based solutions to the biggest challenges people face as a society, including the energy transition. In addition to developing and deploying the next generation of digital market infrastructure that reconciles law, identity and technology to enable real-time collateral mobility, Abaxx is the majority shareholder of Abaxx Singapore Pte. Ltd., the owner of Abaxx Exchange and Abaxx Clearing, and the parent company of wholly owned subsidiaries Abaxx Spot Pte. Ltd. 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 (liquefied natural gas), 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 the first instance of a co-located spot and futures market for gold, Abaxx Spot enables secure electronic transactions, efficient OTC (over-the-counter) 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 posttrade 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. We seek Safe Harbor.