By skyforbes The stock just hit 1 billion USD market cap so I can finally post about it here.
TLDR: 10x in 1-2 years, 50x within 5 years.
New high tech globally recognized and licensed clearinghouse/exchange that is integrating their new digital identity with digital title ownership that has legal finality. Basically merging better tech than CRCL ($30 billion MC) with better tech than CME ($95 billion MC) to unlock a 42 trillion dollar industry.
First you have to understand, that commodity clearinghouses and exchanges are worth ALOT of money. Here is all the publicly listed ones. Very few exist. Notice Abaxx at the bottom worth 1 billion.
| Clearing | Parent Company | Stock Ticker | Market Capitalization (Nov 2025) |
|---|---|---|---|
| CME Clearing | CME Group Inc. | CME (NASDAQ) | ~$93 billion |
| LCH.Clearnet | London Stock Exchange Group plc (LSEG) | LSEG.L | ~$49 billion |
| ICE Clear (U.S., Europe, etc.) | Intercontinental Exchange, Inc. (ICE) | ICE | ~$83 billion |
| Hong Kong Securities Clearing | Hong Kong Exchanges and Clearing Ltd (HKEX) | 0388.HK | ~$69 billion |
| Clearstream | Deutsche Börse AG | DB1.DE | ~$47 billion |
| Abaxx Clearing | Abaxx Technologies Inc. | ABXX (NEO) / ABXXF (OTCQX) | ~$1 billion |
The problem lately is that the big ones have been ignoring industry requests for physically delivered contracts. Now they just launch financially settled contracts which are mostly products for traders not commodity companies which need physical delivery.
Also you have LBMA that trades metals like nickel. Remember when LBMA reversed nickel trades for a their Chinese trader because he was caught with his pants down?
So industry is ready for another exchange and a clearinghouse that will fix these issues. Many have come to Abaxx for this.
Now in comes Abaxx exchange and clearinghouse. Their focus has been physically delivered that are being requested by industry. They have launched LNG, Carbon, Nickel, Lithium, and Gold. LNG and Gold could easily be worth billions each. The others worth hundreds of millions. This is just what they launched so far. They plan to launch much more like weather derivatives likely to come this year still.
Abaxx LNG physically delivered contract is already set to replace the financially settled JKM LNG contract (which generates over 100+ million in revenue) as it is better in all aspects due to physically delivered nature.
In June JKM reported 128,000 lots traded. In November, Abaxx had 9,529 lots traded across its LNG contracts. So already 7.4% of the trading. Not a equal comparison month comparison, but just a rough idea. All without US trading firms while Abaxx gets approval to support US clients (CFTC Approval expected after lockdown is over). They are regulated out of Singapore which the US already sees as equivalent, they just need the final sign off. As Abaxx volumes grows, traders will need to trade their LNG out of necessity. As it continues to grow, risk management will require Abaxx LNG physically delivered contracts, again out of necessity.
I suspect Abaxx will overtake JKM in 2026 and make it essentially worthless. Abaxx's LNG contracts alone will likely be worth 5-10 billion USD creating a pretty good safety buffer at a 5x from here.
Abaxx is also piloting tech with Minehub to let traders us LNG shipments on water as collateral in their futures exchange. This will be expanded out to all their futures markets on success and will also allow traders to use their gold as collateral with much better rates.
Their gold futures contract is also gaining traction. They are likely to launch gold spot this month as well with a similar system set up for silver next month. Maybe even this month as well.
For those unaware of the gold markets, New York is the futures market and London is the spot market. Which means traders have to physically ship gold bars in a plane to meet delivery. And the gold bars are different sizes (so need a smelter) and in different legal jurisdictions.
Abaxx Gold market (and soon silver) will have futures and spot take delivery in the same location, same legal jurisdiction and same gold bar sizes which are also smaller and easier to trade. There is significant efficiencies here which will likely act as a liquidity blackhole for all precious metals markets.
Digital Cheques
Abaxx has announced the pilot launch of their own digital cheques for money market funds that transfer instantly. (I want to avoid that cursed word stable coin because Abaxx has nothing to do with that industry). But Abaxx's tech is better. It’s completely private with legal finality. For those bullish on Circle/Tokenization, just know that banks and companies are never gonna adopt stablecoins on a public ledger that can be all tracked by your favourite three letter agency or competitors. Don't get be even started on counterparty risk of those products. It is a product for retail only.
Abaxx exchange and clearing house was built from the ground up with this technology integrated into the exchange. Which means they will use it for instant money transfers and instant T+0 settlement. I can’t emphasize enough what T+0 settlement means for liquidity and trading. It also unlocks the ability for LNG traders to collateralize their trades with gold for example. Nothing more annoying than wanting to trade something but you have to wait several business days for funds to clear or pay interest to get immediate access.
The same technology they are also planning to bring to stocks allowing for instant settlement and trading. And if you are paying attention, it’s connected to a regulated clearinghouse and exchange. One of the most regulated customers they will ever have. When they eventually launch a currency trading platform, you can have instant international wire transfers that are routed through a currency exchange to get the current exchange rate and have it instantly settle. None of these $50 wire transfers with awful exchange rates that takes 3 days to arrive in your account.
I would dare to say they are building the entire ecosystem needed to bypass the swift network. Think of it like an Apple ecosystem. You use swift to get into it by wiring money to their custodians (which Abaxx also launched and is using it for their carbon markets ), but once inside, you have access to instant money transfers, clearinghouse and exchange, stock markets, commodities, and forex. So Abaxx is building the Apple equivalent for the global financial system.
Abaxx will also be focusing on bringing 42 Trillion worth of MMFs and Gold to the digital world next year while taking 5 basis points ($21 billion revenue potential) to do so yearly as well as some transaction fees. Obviously they won't get everything. But several of their partners and investors manage already trillions of MMF and appear to like the product. Their investors control +50% of the MMF funds in USA.
Digital Identity
Okay so behind all their is their ID++ which is their digital identity. It’s all private and encrypted and you use it with the exchange. The Exchange will perform KYC on you and issue credentials. These credentials you use to sign your trades and money transfers. It’s built in a way that you can grant access to portions of it as needed. If you need to sign up for a platform thats needs to KYC you, you grant access to only a certain portion your digital identity on a limited basis. Then you can revoke their access and no longer have access to your documents so you don’t have to be exposed to data hacks on every platform you sign up on. It is built with all the latest digital identity standards like w3 but it's also self sovereign which means you control your identity and its not issued by a government entity. The end goal being is that governments would issue credentials independently to your id and create a "chain" of verified credentials. Universities as well for example would issue your grad certificates so you can verify it instantly if someone ever required. But you retain full control of it.
The point here isn't so much what it does though, but what it unlocks. Abaxx uses this for their clearing activities and is one of their secret sauces that helps them instantly clear their transactions.
Graded Commodities
Going back to the exchange, Abaxx will also be launching graded commodities. For example different levels of copper grading based on metadata which allows you track carbon emissions or anything else needed. Currently nothing like it exists and will be done through their Minehub partnership.
It would prevent electric car companies saying their technology is clean while importing cobalt that was mined from forced labour in Africa. With Abaxx you could get premiums on commodities that were mined cleanly and ethically.
Regulations for carbon emissions are also starting to pick up pace. Countries are introducing legislation requiring scope 3 emissions reporting (aka higher up the supply chain). Australia, Brazil, California, Canada, Hong Kong, New Zealand, Singapore, Europe, and USA are all introducing legislation that require commodity supply chain tracking for source of origin, forced labour monitoring, or carbon emissions.
This information is not available on current exchanges making them a black box. Abaxx will launch graded versions of these commodities that include metadata that tracks the commodity through its entire supply chain.
I could go on but I'll stop it here. I am already at ~4x since i have been buying this stock for a while and just averaging in the entire time. I think it could be $100 billion+ company but the reasoning why would require a second more in depth DD. I can do it if there is enough interest. But based what I said already i think $50 billion is a good limit. If I am right, I see no reason to ever sell this company so I will be holding indefinitely. You can only buy stock on CBOE in Canada, OTC in USA (Sorry robinhood users, get literally any other broker), and on Frankfurt exchange as well.
Cantor just put a price target of $81 CAD on it. So industry backed 2x if you have less risk tolerance and don't quite yet see the vision. That price target only accounts for exchange angle and doesn't account for their tech which is significantly higher. This stock is forward looking and revenues are just now starting to pick up. Hence the recent surge in stock price.
Here is a in depth video highlighting how it could be worth hundreds of billions. Video is 1hr and 20 min long. He runs a family office and he works with the team as sort of a liaison trying to connect sellers with institutions wanting to buy in size so obviously a bit of bias. At the same time though, after having done lots of research myself, you will start to realize that the exchange and clearinghouse (worth tens of billions on its own) is actually just one portion of what they are trying to build. Hence my example of the Apple like ecosystem.
Will answer any questions as best I can.
Positions
My current position: 9690 shares.