Abaxx Technologies Inc. Marks a Milestone with First Physical Gold Delivery

The company that has long positioned itself at the intersection of advanced materials technology and financial market infrastructure has achieved a significant operational milestone. On February 24, 2026, Abaxx Technologies Inc. completed the first physical delivery under its Gold Singapore Futures contract on the newly launched Abaxx Exchange. The transaction was executed between MTS Gold Group and Kilo Capital, with StoneX and KGI Securities providing clearing services and Abaxx Spot handling the inventory transfer.

A Historic Delivery for a Multi‑Sector Player

Abaxx’s involvement in this delivery demonstrates its dual focus: while the firm is best known for developing lightweight, high‑performance materials for automotive and aerospace sectors, it has concurrently built a sophisticated market platform for physical commodities. The successful settlement confirms that the Abaxx Gold Singapore Futures contract can function as a regionally anchored benchmark for price discovery and commercial risk management within Asia’s gold market.

The delivery involved:

  • Physical Settlement: The Gold Singapore Futures February 2026 contract was physically settled, an uncommon event for new exchanges and a clear signal of confidence from market participants.
  • Cross‑Border Collaboration: The transaction bridged Singapore and North American interests, with MTS Gold Group (a leading physical market participant) and Kilo Capital (a prominent kilobar inventory finance firm) acting as counterparties.
  • Integrated Infrastructure: Clearing was handled by StoneX, a global derivatives and commodities clearinghouse, while KGI Securities provided additional regional expertise. Abaxx Spot facilitated the inventory transfer, illustrating the seamless end‑to‑end capabilities of Abaxx’s ecosystem.

Implications for the Precious Metals Market

The successful delivery is more than a procedural win; it signals a new level of transparency and efficiency for Asian gold trading:

  • Benchmark Status: By anchoring the contract to physical delivery, Abaxx positions itself as a credible alternative to legacy benchmarks that rely heavily on OTC flows.
  • Risk‑Management Tool: The contract now serves as a practical hedging instrument for firms with kilobar exposures, particularly those operating across the Pacific Rim.
  • Market Liquidity: The involvement of high‑profile clearing members such as StoneX and KGI Securities indicates a willingness to deepen liquidity and expand product adoption among institutional participants.

Forward‑Looking Outlook

With a market capitalization of roughly $1.1 billion and a closing price of $31.58 on February 23, 2026, Abaxx’s diversified portfolio spans both technology and financial infrastructure. The company’s mission to revolutionize materials for transportation aligns with its broader goal of providing sustainable, reliable systems. The gold delivery milestone, meanwhile, underscores Abaxx’s ambition to become a pivotal player in commodity markets, leveraging its proprietary software and clearing capabilities.

If Abaxx continues to attract institutional partners and expands its suite of physically settled contracts, the firm could set a new standard for how technology companies interface with traditional commodity markets. The first delivery is a tangible affirmation of that strategy, positioning Abaxx to capitalize on growing demand for transparent, efficient, and technology‑driven financial infrastructure in an increasingly globalized marketplace.