Asia Broadband Inc. (OTC: AABB) is excited to announce that pre-registration is now officially open for its newly launched AABBS silver-backed digital token. Additionally, the Company has made its next-generation non-custodial GoldAxis Wallet available for immediate download, marking a significant advancement in its vertically integrated strategy for precious metals and digital assets.
The Company has successfully minted over 1.4 million 1 gram AABBS tokens, backed by $5 million in physical silver bullion sourced from its expanding mining operations over recent years. With approximately half of AABB's quarterly production comprised of silver and its Etzatlan, Mexico processing facility operating with increased throughput, the Company is well-prepared to significantly scale both its silver output and the backing capacity for its digital assets. Currently, each AABBS token is valued at around $2.48 USD.
For those interested, links to pre-register for the AABBS silver-backed token and download the GoldAxis Wallet app can be found below. Participants who pre-register will receive priority access and early acquisition information:
- AABBS Silver-Backed Token Pre-Registration
- Download GoldAxis Wallet (iOS)
- Download GoldAxis Wallet (Android)
The fundamentals for silver remain robust amid ongoing global inflationary pressures, increasing demand for renewable energy, and rising industrial consumption. Notable trends such as the growing applications of silver in electric vehicle batteries and advanced technology manufacturing are driving structural long-term demand growth for the metal.
AABB began accumulating silver bullion two years ago in anticipation of launching the AABBS token, replicating the successful strategy employed with its gold-backed AABBG token. The Company believes that this strategic timing positions AABBS at the convergence of rising silver demand and heightened investor interest in asset-backed digital currencies.
The newly launched GoldAxis Wallet enhances AABB's digital infrastructure, providing users with a secure platform to store silver-backed and gold-backed tokens, view real-time balances, monitor transactions, and execute transfers within a cohesive blockchain environment. The wallet's upgraded architecture is designed for scalability, supporting future feature enhancements, increased transaction volumes, and broader global user adoption.
Chris Torres, President and CEO, remarked, "Long-term macroeconomic conditions continue to align favorably for silver. With rising production, accumulated bullion reserves, and robust infrastructure in place, we believe AABB is entering a significant growth phase with the launch of our silver-backed token and the expansion of our digital asset ecosystem."
Asia Broadband Inc. (OTC: AABB) focuses on producing precious metals and accumulating physical gold and silver holdings. Leveraging its geographic expertise and extensive industry contacts, the Company facilitates the growth of its precious metals property holdings and production in Mexico. AABB's unique integration within the industry and its asset diversification set it apart from competitors, creating distinctive value for shareholders. In addition, the Company operates a digital assets segment with its AABBG mine-to-token gold-backed cryptocurrency integrated into its proprietary AABB Wallet, along with unique NFT collections such as the Golden Baboons Mining Club and Shorts Rascal Club. AABB aspires for its token to become a globally recognized standard of exchange, characterized by stability, security, and trust, complemented by demand-based price appreciation. For more information about the Company and its offerings, visit Inside Ticker.