Velocity Trade and Kilo Capital Execute First Trades in Abaxx Spot Gold Pool

Abaxx announced the inaugural physical spot-gold trades in its Abaxx Spot Gold Pool, executed between Velocity Trade and Kilo Capital on April 28, 2026. The Singapore-based venue targets kilobar physical gold participants (refiners, bullion dealers, jewellers, banks, family offices) and is co-located with Abaxx Exchange’s Gold Singapore futures to support futures-to-spot convergence. The move creates a single electronic venue to access Asian physical gold flows, aiming to improve transparency, settlement efficiency and regional liquidity—potentially strengthening Singapore’s role as a gold hub and supporting Abaxx’s physically-deliverable futures product.