Abaxx Technologies Inc. has launched a U.S.-dollar silver futures contract on the Abaxx Exchange in Singapore [1].
The move represents a direct challenge to the established pricing mechanisms of Western futures markets. By providing an alternative venue for trading, the exchange seeks to reduce artificial pricing and increase the transparency of physical silver movements.
Abaxx Technologies Inc. serves as the operator of the Abaxx Exchange and is the majority shareholder of Abaxx Singapore [1]. The company scheduled the launch of the silver futures contract for May 22, 2026 [2].
According to company objectives, the new contract is designed to put pressure on COMEX pricing [3]. The initiative intends to expose decades of price-fixing within Western futures markets by offering a more transparent environment for the trade of physical silver [3].
Market analysts said that the introduction of a competing hub in Singapore could shift the center of gravity for silver pricing. This development follows a growing demand for venues that prioritize physical delivery, and transparent auditing, over paper-based derivatives.
Abaxx said that trading in the silver Singapore futures has remained active following the official launch [1]. The exchange intends to attract global participants who have expressed dissatisfaction with the lack of transparency in existing commodity markets [3].
“The exchange seeks to reduce artificial pricing and increase the transparency of physical silver movements.”
The launch of the Abaxx silver contract signals a strategic effort to decentralize the control of precious metals pricing away from the U.S.-based COMEX. By establishing a transparent, physically-backed alternative in Singapore, Abaxx is betting that institutional investors will migrate toward markets that minimize the influence of paper trading and price manipulation.
