Singapore: Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF), a financial software and market infrastructure company, has announced the upcoming launch of the Abaxx Silver Singapore futures contract on May 22, 2026. This initiative aims to expand the company's offerings in the precious metals sector through its subsidiary, Abaxx Singapore Pte Ltd., which operates the Abaxx Commodity Exchange and Clearinghouse.

According to BERNAMA News Agency, the new silver futures contract has been specifically developed to meet the commercial needs of the global industrial silver market. It offers standardized reference pricing and risk management tools that align with physical market practices. The contract is designed to serve as a global benchmark for price discovery and hedging, with physical delivery taking place in Singapore. This is intended to facilitate and support Asian industrial trade flows. The product is a U.S. dollar-denominated futures contract, with specifications of 1,000 troy ounces and a purity of 0.9999 fineness, and delivery will be made into approved vaults in Singapore.