TORONTO, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) ("Abaxx" or the "Company"), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, "Abaxx Exchange" and "Abaxx Clearing"), and producer of the SmarterMarkets Podcast, today announced the appointment of Russell Robertson as Chief Business Development Officer at Abaxx Exchange, effective September 9, 2025.
Mr. Robertson brings more than 25 years of global financial markets experience across trading, clearing, and product development. He joins Abaxx Exchange to build on the Company's growing commercial momentum, contributing to product development, customer engagement, and international growth initiatives.
Robertson most recently served as Chief Commercial Officer at Gulf Mercantile Exchange (formerly Dubai Mercantile Exchange), where he oversaw all external commercial activities and global customer engagement. In this role, among others, he led the strategic investment from Saudi Tadawul Group to support development of Middle East commodity markets, and advanced partnerships with Shanghai Futures Exchange and Fastmarkets to pivot and access new derivative markets and asset classes.
Earlier in his career, Robertson held senior positions at CME Group in London, where he contributed to operational product development, and at ICE Clear Europe, where he focused on clearing technology. He began his career as a multi-asset proprietary trader, building deep knowledge of the full trade life cycle.
"Russell joins Abaxx at a time of strong growth and expanding participation," said Nancy Seah, CEO of Abaxx Exchange. "His expertise in connecting global participants will support the continued expansion of our contracts and help us advance the next generation of smarter markets."
About Abaxx Technologies
Abaxx Technologies is building Smarter Markets: markets empowered by better tools, better benchmarks, and better technology to drive market-based solutions to the biggest challenges we face as a society, including the energy transition.
In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is the majority shareholder of Abaxx Singapore Pte. Ltd., the owner of Abaxx Exchange and Abaxx Clearing, and the parent company of wholly owned subsidiary Abaxx Spot Pte. Ltd., the operator of Abaxx Spot.
Abaxx Exchange delivers the market infrastructure critical to the shift toward an electrified, low-carbon economy through centrally-cleared, physically-deliverable futures contracts in LNG, carbon, battery materials, and precious metals, meeting the commercial needs of today's commodity markets and establishing the next generation of global benchmarks.
Abaxx Spot modernizes physical gold trading through a physically-backed gold pool in Singapore. As the first instance of a co-located spot and futures market for gold, Abaxx Spot enables secure electronic transactions, efficient OTC transfers, and is designed to support physical delivery for Abaxx Exchange's physically-deliverable gold futures contract, providing integrated infrastructure to deliver smarter gold markets.
Adaptive Infrastructure closes critical gaps in post-trade infrastructure by providing a unified custodial foundation across environmental markets and digital title assets. Incorporated in Barbados and regulated by the Financial Services Commission of Barbados, the company delivers institutional-grade custody, settlement, and transfer agency services designed to reduce risk and improve reliability across asset classes.
For more information, visit abaxx.tech | abaxx.exchange | abaxxspot.com | basecarbon.com | smartermarkets.media
For more information about this press release, please contact:
Steve Fray, CFO
Tel: +1 647-490-1590
Media and investor inquiries:
Abaxx Technologies Inc.
Investor Relations Team
Tel: +1 246 271 0082
E-mail: ir@abaxx.tech
Cautionary Statement Regarding Forward-Looking Information
This press release includes certain "forward-looking statements" and "forward-looking information" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities laws. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "believe", "anticipate", "estimate", "project", "intend", "expect", "may", "will", "plan", "should", "would", "could", "target", "purpose", "goal", "objective", "ongoing", "potential", "likely" or the negative thereof or similar expressions. In particular, this press release contains forward-looking statements including, without limitation, the Company's business strategies, plans, and objectives, the development of new markets and products, and expectations regarding market adoption and regulatory approvals. Forward-looking statements are based on the reasonable assumptions, estimates, analyses and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Abaxx to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: the ability to implement business strategies and pursue business opportunities; the ability to attract and retain customers; the development of new products and services; the impact of competition; changes in general economic, market and business conditions; the regulatory environment; and other risks and uncertainties. Although Abaxx has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
Abaxx undertakes no obligation to update or revise any forward-looking statements and information, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements and information. Cboe Canada does not accept responsibility for the adequacy or accuracy of this press release.
