19:52:15 EDT Thu 23 Apr 2026
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Abaxx Technologies Inc (2)
Symbol ABXX
Shares Issued 34,392,476
Close 2026-04-23 C$ 53.90
Market Cap C$ 1,853,754,456
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Abaxx sees trading of Enwex Germany Solar futures begin

2026-04-23 16:24 ET - News Release

Mr. Joe Raia reports

ENWEX GERMANY SOLAR FUTURES NOW LIVE FOR TRADING ON ABAXX EXCHANGE

Trading has commenced in Enwex Germany Solar futures on Abaxx Technologies Inc.'s Abaxx Exchange, extending its suite of weather-indexed benchmarks to include solar exposure in Europe's largest power market.

As solar capacity continues to scale across Germany, variability in irradiance is becoming a more material driver of realized output and revenue variability for market participants. Enwex Germany Solar futures provide the first standardized, exchange-cleared benchmark to hedge this exposure, complementing existing power and weather risk management strategies.

The contract is euro denominated and financially settled, indexed to Enwex Solar Germany, a forecast-based measure of incoming solar radiation translated into standardized utilization rates, expressed in euros per megawatt-hour.

"Solar accounted for a record share of Germany's electricity supply in 2025, making output variability an increasingly material source of risk for market participants," said Joe Raia, chief commercial officer of Abaxx Exchange. "Abaxx's GSM contract establishes a forward curve for solar utilization, enabling participants to hedge that exposure and manage revenue variability with greater precision."

Enwex Germany Solar futures are available for trading from 1,000 to 2,400 SGT, Monday to Friday, except for Singapore public holidays. Contract specifications, connected clearing and broker firms, and market access information are available at the Abaxx Exchange website.

About Abaxx Technologies Inc.

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 faced 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, 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 liquefied natural gas, 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 posttrade 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.

We seek Safe Harbor.

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