Abaxx to Launch CNH-Denominated Singapore Gold Futures on November 16

TORONTO, Nov 12 (Bernama) -- Abaxx Technologies Inc. (TSX:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company and majority shareholder of Abaxx Singapore Pte Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), today announced that Abaxx Exchange will launch Gold Singapore CNH Cash-Settled (“GKC”) futures on November 16, 2026.

GKC futures will extend the reach of Abaxx’s Singapore kilobar gold prices into offshore Chinese renminbi (CNH) markets. The contract will connect CNH-denominated trading and hedging to prices established by Gold Singapore (GKS) futures, supporting their use across Asia’s bullion markets.