TORONTO and SINGAPORE, March 19 (Bernama-GLOBE NEWSWIRE) — Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, indirect majority shareholder of Abaxx Singapore Pte Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), today announced that Abaxx Singapore has joined the Singapore Bullion Market Association (“SBMA”) as a Local Associate Member.
The Singapore Bullion Market Association (SBMA) is a non-profit, member-driven industry body representing participants across the precious metals value chain, including bullion banks, exchanges, refineries, trading firms, and logistics providers. It convenes the key institutions that underpin Singapore’s position as a regional hub for physical gold trading and custody, supporting bullion market activity across the Asia-Pacific.