Abaxx Technologies (ABXX) Q2 2025 earnings summary

Executive summary

• Achieved active trading in Gold Singapore Futures (GKS) after its June 2025 launch, with volumes rising from 200 to over 1,000 lots daily by August.

• Completed the first physical delivery of a regulated, exchange-cleared voluntary carbon contract, validating end-to-end infrastructure.

• Expanded commercial engagement with 80 firms onboarding, and deepened market liquidity through 15 market makers and 5 liquidity providers.

• Formed Abaxx Spot to provide secure, centrally-pooled kilobar gold trading in Singapore, enhancing global access to physical gold.

• Announced pilots for Private Digital Title and USD Trust Network, integrating real-time collateral and tokenized money market funds.

Segment performance

• Gold Singapore Futures (GKS) saw significant volume growth and consistent trading activity, establishing a new regional benchmark.

• Gulf of Mexico LNG Futures (GOM) gained traction with regular trading and the first physically-backed LNG forward curve.

• Weather futures and carbon contracts advanced to Stage 3, with launch planning underway for non-USD denominated products.

• Development continued on cash-settled LNG and copper spread contracts to enhance risk management tools.

Significant events and developments

• Hosted visits from Asian State-Owned Enterprises and expanded commercial teams in China, supporting cross-jurisdictional product opportunities.

• Achieved ISO/IEC 27001:2022 certification for exchange and clearing infrastructure, confirming global standards for security and resilience.

• Enhanced client onboarding workflows and integrated with major market data vendors to broaden access.

• Deployed pilot-ready Console Suite applications (Messenger, Sign, Drive) and validated bank-grade security for passwordless login.