Asia Broadband (OTC: AABB),a resource company focused on the production, supply and sale of precious and base metals primarily to Asian markets, has reached several significant development milestones as it continues to focus on building a proprietary cryptocurrency exchange. The company has been involved in this project since the March launch of its gold-backed token (“AABBG”); the anticipated date for testing the exchange is August 2021 with a planned live launch in September 2021. According to the company, the exchange will enable AABB Wallet users to trade their AABBG tokens for major cryptocurrencies such as Bitcoin and Ethereum as well as provide revenue for the company through transaction fees; the exchange will also allow for the price appreciation of AABBG beyond the price of gold when market demand and the limited supply of tokens released into circulation create that situation. The company has noted that more than 187,000 lines of code have been written for the exchange and related AABB Wallet features while more than 65,000 lines of code have been updated. Following AABB’s launch of the exchange, the company plans to focus on creating a next-level modular digital assets exchange. AABB plans to partner with Core State Holdings on this project; Core States is the developer that has collaborated with AABB on its proprietary token and cryptocurrency exchange.
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About Asia Broadband Inc.
Asia Broadband is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. The company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Mexico to client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the company and creates distinctive value for shareholders. The company has also recently released its freshly minted mine-to-token, gold-backed cryptocurrency AABB Gold token (“AABBG”). AABB expects its token to become a worldwide standard of exchange that is stable, secured and trusted with gold backing, while having the added benefit of demand-based price appreciation. For more information about the company, please visit www.AsiaBroadbandInc.com.
NOTE TO INVESTORS: The latest news and updates relating to AABB are available in the company’s newsroom at https://ibn.fm/AABB
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