11:58:04 EDT Tue 09 Sep 2025
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MineHub Technologies Inc (2)
Symbol MHUB
Shares Issued 91,658,903
Close 2025-09-08 C$ 0.65
Market Cap C$ 59,578,287
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MineHub, Abaxx partner on in-transit metals collateral

2025-09-08 17:25 ET - News Release

Mr. Andrea Aranguren reports

MINEHUB AND ABAXX ANNOUNCE JOINT INITIATIVE TO EXPLORE EXPANSION OF ABAXX PRIVATE DIGITAL TITLE TO IN-TRANSIT SHIPMENTS

MineHub Technologies Inc. and Abaxx Technologies Inc. today agreed to a joint initiative to extend the use of Abaxx's private digital title to in-transit shipments of non-ferrous metals, including copper and aluminum, through a collaboration with MineHub's post-trade platform and logistics tracking capabilities.

This initiative will combine Minehub's digital supply chain platform and real-time logistics tracking with Abaxx's private digital title to enable real-time title transfers for in-transit shipments of non-ferrous metals. Abaxx's private digital title is a secure electronic instrument that embeds verifiable identity, preserves privacy and ensures claims are legally enforceable in a jurisdiction -- replacing slow, paper-based processes that often lead to delays, disputes and increased counterparty risk. In doing so, the collaboration explores how in-transit cargo can be mobilized as collateral, advancing the broader effort to increase capital efficiency across commodity markets.

Andrea Aranguren, chief executive officer of MineHub, added: "We are excited about the launch of this initiative, which marks a significant step forward in the powerful partnership between Abaxx and MineHub. By combining Abaxx's innovative digital title solutions with MineHub's unique expertise in digitizing commodity supply chains, we are poised to revolutionize how non-ferrous metals are traded and financed, driving greater efficiency, transparency and trust across the industry."

Josh Crumb commented: "Expanding private digital title to in-transit metals is a natural next step in our mission to modernize collateral. By working with MineHub, we're exploring how the integrity of physical shipments can be matched with a secure, legally enforceable digital title -- opening new pathways to liquidity and greater capital efficiency."

About MineHub-Abaxx digital title initiative

  • Abaxx's private digital title: A cryptographically secured electronic instrument that embeds verifiable identity and aligns with global legal standards, laying the groundwork for physical assets to support flexible credit facilities and transforming inventory from untapped collateral into a real-time financial resource.
  • Abaxx's gold and MMF pilots: The first two commercial use cases of Abaxx's private digital title have been announced in gold and money market funds. The gold pilot will demonstrate how a cryptographically secured document of title for physical gold held at Abaxx Spot can be used to finance cash margin requirements for a gold futures position. The money market fund pilot will test how MMF shares can be mobilized as real-time collateral within the Abaxx USD Trust Network, addressing confidentiality and cross-jurisdictional legal finality.
  • MineHub's platform: The platform is the only posttrade execution platform purpose-built for the metals market. MineHub's GPS and AIS satellite-powered tracking capabilities leverage direct data from shipping lines, trucking brokers, rail lines and logistics partners for real-time cargo verification -- critical for collateralizing in transit metals.
  • Next phase: Building on Abaxx's gold-backed and MMF pilots, this initiative extends the asset collateralization model to base metals in partnership with MineHub. The companies aim to leverage MineHub's role as a trusted authority at key inventory locations like the Port of Panama City, where MineHub's platform is relied upon as the single source of truth for digital truck bills of lading.
  • Abaxx auth tooling: The partnership will test integrating Abaxx's identity and console applications -- including Verifier+ and Messenger, powered by Abaxx's proprietary ID++ protocol-into MineHub's logistics workflows. Early stage testing will assess how they could enhance the secure collateralization of base metals, with further scope dependent on technical reviews.

Investor webinar: MineHub and Abaxx on expanding private digital title

Join MineHub chairman Vince Sorace as he moderates a discussion with Andrea Aranguren, chief executive officer of MineHub, and Josh Crumb, CEO of Abaxx Technologies, to explore the expansion of Abaxx's private digital title to in-transit shipments through a collaboration with MineHub's post-trade platform and logistics tracking capabilities.

The live session, scheduled for Thursday, Sept. 11, 2025, at 10:30 a.m. PT; 1:30 p.m. ET, explores how in-transit cargo could be mobilized as collateral, advancing a broader effort to increase capital efficiency across commodity markets. Registration will be required to access the meeting.

Investor webinar details

Date:  Thursday, Sept. 11, 2025

Time:  10:30 a.m. PT; 1:30 p.m. ET

Location:  Zoom meeting

About MineHub Technologies Inc.

MineHub is the digital supply chain platform for the commodity markets, making raw material supply chains more efficient, resilient and sustainable. MineHub provides enterprise-grade digital solutions that connect buyers, sellers, laboratories and financiers within physical commodities supply chains in a digitally integrated workflow powered by data that is useable, shareable, verifiable and unforgeable. Users of MineHub solutions are in full control of their supply chains, enabling them to optimize their use of resources, respond better and faster to disruptions, and provide a better customer service. Global enterprises already use MineHub solutions as part of their logistics, compliance, trade management and financing operations.

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