Fintech startup Abaxx Technologies, founded by a former Goldman Sachs strategist, raises C$10m for operations and growth, and plans to launch commodities futures trading with new exchange and clearinghouse in Singapore.

Financial tech startup Abaxx Technologies, founded by a former Goldman Sachs commodity strategist, raises C$10m for operations & growth, as it prepares to launch commodities futures trading. The company, backed by BlackRock and CBOE Global Markets, is set to open a new exchange and clearinghouse in Singapore. Abaxx is working on contracts for carbon credits and commodities like LNG and nickel sulphate.