Abaxx Teams Up With Alta On Collateral Initiative

KUALA LUMPUR, May 11 (Bernama) -- Abaxx Technologies Inc (Abaxx) has entered a commercial engagement with Alta Alternative Investments Pte Ltd (Alta) to advance the use of money market fund shares as T+0 collateral for margin at Abaxx Clearing, moving Digital Title toward its first commercial implementation.

According to a statement, Abaxx Digital Title pairs cryptographically secured evidence of ownership with verified identity to convert commodities and securities into high-velocity, yield-bearing T+0 instruments, enabling their use as collateral and supporting a more capital-efficient global trading system.

In December 2025, Abaxx demonstrated in a pilot that its Digital Title could provide a legally enforceable and operational mechanism to instantly mobilise money market fund shares as collateral for margin and financing while giving the receiving party direct ownership of the underlying assets.

Following the pilot, Abaxx expanded into commercial partnerships by engaging with Alta to further develop the use of money market fund shares as T+0 collateral for margin at Abaxx Clearing.

Both companies have signed a letter of engagement to establish a Singapore-based Variable Capital Company (VCC) umbrella structure, including a sub-fund investing in United States dollar-denominated money market instruments and short-term fixed income securities.

Subject to regulatory approval, the VCC will function as a Singapore-regulated open-ended fund vehicle designed for institutional use, providing the legal framework for fund shares to be recognised as collateral within Abaxx Clearing.

Abaxx is a financial software and market infrastructure company as well as the indirect majority shareholder of Abaxx Singapore, owner of Abaxx Clearing, while Alta is a Singapore-based regulated brokerage, securities exchange and fund management platform.

-- BERNAMA