@JoshCrumb It's hard to fathom how one individual can be so deeply knowledgeable across such varied disciplines. Kudos @JoshCrumb 🙌. Lucky to be part of this journey 🚀🚀
When countries are struggling to source LNG, $ABXX offers physically delivered LNG cargoes. Offering certainty amidst chaos. This is a huge moment for $ABXX to gain trust and on board new customers.
#29ers 🚀🚀
If global commodity trade is entering a more volatile era, who builds the infrastructure required to navigate it?
@JoshCrumb joined @InTheMoneyPod to discuss the design requirements for the next generation of trade, including 24/7 markets & agentic AI
➡️https://t.co/btzNIYLRVP
Another $30k+ day for Abaxx $ABXX ! FBOT onboarding still likely not even close to done. With silver launching soon and likely seeing similar volumes out of the gate, this could put Abaxx on a path to breakeven by the end of the year.
The infrastructure continues to compound.
According to CIRO filing numbers, the beach ball boys 🩳were 51.4% of all trades from Feb 15 - March 15 (ex market maker), shorting $20-30mm per month to try to paint a chart breakdown, hoping some naïve shareholders draw horoscope lines on a chart and assume the company/stock is in trouble.
But here's the thing, as I pulled the CDS data, when sampling the broker custodians where stock lending flows (often much bigger than total daily volume) aren't overwhelming the daily settlement movements, we find that 7 of 8 custodians were net buyers (only Odlem had a 320 share net outflow, with total net inflow at 15,942 across the 8...and alongside a fund buying 250k). I.e nobody is capitulating on net, and they are simply borrowing blocks of stock larger than normal daily volume and manipulating a price chart, but they're mostly buying and selling from each other with otherwise unobtainable shares at these prices.
So why am I writing all of this? Mathematically speaking, the Abaxx chart (my cost of capital) is a totally meaningless mark of the company's value based on the marginal net trade (one shorter buying and selling from another one while shareholders accumulate in the residual).
(...oh yeah, and the day that we announced a gold delivery, they borrowed as much stock as they could to stuff the natural flows, but they had to sell so much that they failed to deliver significant stock that day based on US side filing data only -- Canada doesn't publish this but I'm hearing its a massive problem and some big bank lawsuits are in the works...its a dirty manipulated market as anyone watching our trading can see).
We didn’t go thorough all the trouble of building a global clearinghouse for half a decades, and all of our technology, just to grab a few basis points of market share in commodity futures (ie what’s being priced into Abaxx market cap now), we built it all to change the game completely.
1mm lots per day is the minimum viable we build this all for, but we’ll go after everything with SmarterMarkets and better tech. $ABXX $ABXXF
Abaxx is a long term game. All the pieces are falling into place. There will be times of volatility like this. But remember the core thesis and where we are going. #29ers 🚀🚀
Dear 🩳, it’s much easier to sell what you don’t own than buy what you can’t obtain. BTW, do you know what a clearinghouse or a verifiable credential is yet? Get what you need out of my ex-employees in that tier-two expert survey spraying and praying around the market? Or are you still just another Canadian stock operator adding no value to society [with your bought deal insider trading and playing the grey areas of dirty markets as a business model], thinking they have an edge painting an illiquid chart to drive capitulation (now ~1mm shares and counting, over 50% of non market making volume lol?!)
Dear real shareholders building something important in the world, thanks for your support and please mind the continued volatility and never lead an argument with price, especially since math is very much on your side.
$ABXX #SM #Unobtainium
Based on recent discussions (and I’ll see more global regulators next week), we believe that our views on #stablecoins and tokenized #RWAs are highly aligned with regulators — ie, stablecoins and current tokenization frameworks will not be used in international clearinghouses without steep margin discounts, if at all.
This is why I set out to build Abaxx, a vision for a decentralized Market Operating System built on cryptographic proofs of identity 🆔++, legal finality without layers of redundant paperwork middlemen, trusted privacy beyond unaccountable crypto-anonymity. The Commoditization of Trust.
We are very close to realizing that vision, realizing it first, and taking those next steps towards revolutionizing a multi-trillion dollar market infrastructure.
MarketOS by Abaxx.
#29ers 🔜™️ $ABXX #BeyondCartoonFinance #RealWorldProblemsInRealWorldAssets #Gold #Energy