MineHub completes integration of Abaxx Verifier+

Executive Summary

• MineHub Technologies Inc. and Abaxx Technologies Inc. have completed the initial technical integration of Abaxx's Verifier+ identity application with the MineHub platform.
• This integration serves as the technical foundation for a previously announced pilot program aimed at using Abaxx private digital titles to enable real-time title transfers for in-transit shipments of non-ferrous metals.
• The initiative seeks to connect physical trade documentation (such as bills of lading) with financial systems, allowing in-transit cargo to function as real-time collateral to improve liquidity and capital efficiency in commodity markets.

Key Details

• Integration Milestone: Completion of the first technical integration between Abaxx Verifier+ and the MineHub platform.
• Pilot Objective: To demonstrate how trusted ownership records can enable new forms of collateral efficiency across the metals trade.
• Target Commodity: Non-ferrous metals.
• Operational Goal: Enable real-time title transfers for in-transit shipments and connect physical trade documentation with financial systems.
• Next Steps: MineHub and Abaxx are engaging prospective market participants to shape the upcoming pilot and its commercial use cases.
• Contact for Pilot Interest: Esther Babb at [email protected].

Notable Quotes

• Andrea Aranguren, CEO of MineHub: "MineHub digitizes and automates post-trade execution across global metals supply chains... This initial integration with Abaxx connects our platforms in preparation for the pilot phase, designed to demonstrate how trusted ownership records can enable new forms of collateral efficiency across the metals trade."
• Josh Crumb, Founder and CEO of Abaxx: "Where tokenization seeks to recreate markets on a ledger, we're focused on strengthening the legal frameworks that already support them... we're re-engineering the relationship between physical assets and financial risk management to unlock a $50-trillion (U.S.) opportunity in connecting real-world assets to modern collateral and settlement systems."