Abaxx Provides Corporate Update and Quarterly Development Activities
TORONTO, May 16, 2023 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (NEO:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of the Abaxx Commodity Exchange (“Abaxx Singapore”), and producer of the SmarterMarkets™ Podcast, summarizes development activities over the past quarter and the general progress of the Company’s business plans.
- TORONTO, May 16, 2023 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (NEO:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of the Abaxx Commodity Exchange (“Abaxx Singapore”), and producer of the SmarterMarkets™ Podcast, summarizes development activities over the past quarter and the general progress of the Company’s business plans.
- Continued to finalize the development of the ID++ protocol and Abaxx Console Apps (Verifier, Sign, and Drive) for internal use within the Exchange and identified advanced use cases externally with key partners.
- Continued progress on the strategic partner financing process for a non-brokered equity financing at Abaxx Singapore Pte.
- Over the past quarter, the Company made significant progress toward a 2023 launch of the Abaxx Exchange and Clearinghouse in Singapore.