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Abaxx Technologies Inc ( (TSE:ABXX) ) just unveiled an update.
Abaxx Technologies has completed the first physical delivery under its Abaxx Gold Singapore Futures contract, a February 2026 contract that was physically settled between MTS Gold Group and Kilo Capital with clearing provided by StoneX and KGI Securities and inventory transfer via Abaxx Spot. The successful settlement marks the first futures position on Abaxx Exchange carried through to physical delivery and validates the exchange’s integrated gold market infrastructure as a regionally anchored benchmark for price discovery and risk management in Asia’s physical gold trade.
Partner firms including StoneX, KGI Securities, MTS Gold Group, and Kilo Capital said the milestone enhances transparency, efficiency, and hedging capabilities in the gold market, helping bridge sophisticated futures trading with physical delivery in Singapore. The move is expected to unlock new commercial opportunities, deepen liquidity, and support Abaxx’s broader strategy to build a multi-commodity futures platform that aligns financial instruments with real-world physical commodity flows in the region.
The most recent analyst rating on (TSE:ABXX) stock is a Sell with a C$4.00 price target. To see the full list of analyst forecasts on Abaxx Technologies Inc stock, see the TSE:ABXX Stock Forecast page.
Spark’s Take on TSE:ABXX Stock
According to Spark, TipRanks’ AI Analyst, TSE:ABXX is a Neutral.
The score is held down primarily by very weak financial performance (minimal/declining revenue, extremely large losses, and significant cash burn alongside rising leverage). Positive corporate developments (regulatory access, product launches, and potential financing proceeds) provide upside potential but do not yet offset the current fundamentals, while technical and valuation signals offer limited support.
To see Spark’s full report on TSE:ABXX stock, click here.
More about Abaxx Technologies Inc
Abaxx Technologies Inc. is a financial software and market infrastructure company that owns Abaxx Exchange and Abaxx Clearing in Singapore, focusing on commodity futures and clearing services. Its growing product suite spans energy, environmental markets, battery materials, and precious metals, with an emphasis on regionally anchored benchmarks and integrated physical delivery solutions for Asian markets.
Average Trading Volume: 193,538
Technical Sentiment Signal: Buy
Current Market Cap: C$61.56M
See more insights into ABXX stock on TipRanks’ Stock Analysis page.