Abaxx Submits Comments to the National Institute of Standards and Technology on AI Agent Identity Standards

Rhea-AI Summary

Abaxx (OTCQX:ABXXF) submitted technical comments to NIST on April 1, 2026, proposing an open-standards architecture for AI agent identity and authorization.

The company suggested using its ID++ protocol with W3C Decentralized Identifiers and Verifiable Credentials to ensure auditable, cryptographically verifiable agent actions, and offered to collaborate with NCCoE on a practice guide for financial services.

TORONTO, April 01, 2026 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte. Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), today announced that it has submitted technical comments to the National Institute of Standards and Technology (“NIST”) in response to its request for input related to a project on identity and authorization for software and artificial intelligence (“AI”) agents.

In February 2026, the NIST National Cybersecurity Center of Excellence (NCCoE) released a concept paper outlining considerations for a potential project to demonstrate how identity standards and best practices can be applied to software and AI agents, with a focus on agentic AI applications.

Following the recent introduction of MarketOS™, the Company’s institutional transaction productivity suite, Abaxx proposed an open-standards architecture as a candidate model for the NCCoE’s planned reference implementation. Drawing on its ID++ identity protocol, the Company proposed utilizing W3C Decentralized Identifiers (DIDs) and Verifiable Credentials (VCs) in workflows where autonomous agents are authorized to execute high-value transactions, to ensure that authorized actions remain auditable across the global financial ecosystem, with cryptographic proof of intent binding AI-driven decisions to regulated market requirements.

As part of its formal comments, Abaxx has indicated its interest in contributing as an industry collaborator to the NCCoE’s proposed project and the subsequent development of a practice guide for AI agent identity in financial services.

About Abaxx Technologies
Abaxx Technologies is building Smarter Markets: markets empowered by better tools, better benchmarks, and better technology to drive market-based solutions to the biggest challenges we face as a society, including the energy transition.

In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is the majority shareholder of Abaxx Singapore Pte. Ltd., the owner of Abaxx Exchange and Abaxx Clearing, and the parent company of wholly owned subsidiaries Abaxx Spot Pte. Ltd. and Adaptive Infrastructure Inc.

Abaxx Exchange delivers the market infrastructure critical to the shift toward an electrified, low-carbon economy through centrally-cleared, physically-deliverable futures contracts in LNG, carbon, battery materials, and precious metals, meeting the commercial needs of today’s commodity markets and establishing the next generation of global benchmarks.

Abaxx Spot modernizes physical gold trading through a physically-backed gold pool in Singapore. As the first instance of a co-located spot and futures market for gold, Abaxx Spot enables secure electronic transactions, efficient OTC transfers, and is designed to support physical delivery for Abaxx Exchange’s physically-deliverable gold futures contract, providing integrated infrastructure to deliver smarter gold markets.

Adaptive Infrastructure closes critical gaps in post-trade infrastructure by providing a unified custodial foundation across environmental markets and digital title assets. Incorporated in Barbados and regulated by the Financial Services Commission of Barbados, the company delivers institutional-grade custody, settlement, and transfer agency services designed to reduce risk and improve reliability across asset classes.

For more information, visit abaxx.tech | abaxx.exchange | abaxxspot.com | basecarbon.com | smartermarkets.media

For more information about this press release, please contact:

Steve Fray, CFO
Tel: +1 647-490-1590

Media and investor inquiries:

Abaxx Technologies Inc.
Investor Relations Team
Tel: +1 246 271 0082
E-mail: ir@abaxx.tech

Cautionary Statement Regarding Forward-Looking Information

This press release includes certain “forward-looking statements” and “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “believe”, “anticipate”, “estimate”, “project”, “intend”, “expect”, “may”, “will”, “plan”, “should”, “would”, “could”, “target”, “purpose”, “goal”, “objective”, “ongoing”, “potential”, “likely” or the negative thereof or similar expressions.

In particular, this press release contains forward-looking statements including, without limitation, Abaxx’s objectives and future plans, trends related to identity and authorization for software and AI Agents, including Abaxx’s comments with respect thereto, the impact of MarketOS on the agentic economy, Abaxx’s participation as an NCCoE industry collaborator and the development of world energy markets and collateral use cases. Forward-looking statements are based on the reasonable assumptions, estimates, analyses and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Such factors impacting forward-looking information include, among others: risks relating to the global economic climate; dilution; Abaxx’s limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for Abaxx to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on Abaxx and the industry; acquiring and maintaining regulatory approvals for Abaxx’s products and operations; the ability to list Abaxx’s securities on stock exchanges in a timely fashion or at all; network security risks; the ability of Abaxx to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. In addition, particular factors which could impact future results of the business of Abaxx include but are not limited to: the failure of energy markets and collateral use cases to develop according to the expectations of Abaxx; operations in foreign jurisdictions; protection of intellectual property rights; contractual risk; third-party risk; clearinghouse risk; malicious actor risks; third- party software license risk; system failure risk; risk of technological change; dependence of technical infrastructure; changes in global weather patterns; changes in the price of commodities, capital market conditions, restrictions on labor and international travel and supply chains, and the risk factors identified in the Company’s most recent management’s discussion and analysis filed on SEDAR+. Abaxx has also assumed that no significant events occur outside of Abaxx’s normal course of business.

Abaxx cautions that the foregoing list of material factors is not exhaustive. In addition, although Abaxx has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, or intended. When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Abaxx has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements and information contained in this press release represents the expectations of Abaxx as of the date of this press release and, accordingly, is subject to change after such date. Abaxx undertakes no obligation to update or revise any forward-looking statements and information, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements and information. Cboe Canada does not accept responsibility for the adequacy or accuracy of this press release.

FAQ

What did Abaxx (OTCQX:ABXXF) submit to NIST on April 1, 2026?

Abaxx submitted technical comments proposing an open-standards architecture for AI agent identity and authorization. According to the company, the proposal draws on its ID++ protocol and uses W3C Decentralized Identifiers and Verifiable Credentials to secure agent actions in financial workflows.

How does Abaxx propose to secure AI agent transactions in its NIST comments?

Abaxx proposes using W3C Decentralized Identifiers and Verifiable Credentials to bind intent to actions. According to the company, this approach, built on its ID++ protocol, provides cryptographic proof and auditable records for autonomous, high-value transactions.

Will Abaxx (OTCQX:ABXXF) collaborate with NIST’s NCCoE on AI agent identity standards?

Yes, Abaxx expressed interest in serving as an industry collaborator for the NCCoE project and practice guide. According to the company, it offered to contribute expertise from its MarketOS suite and ID++ identity protocol to the effort.

What role does MarketOS play in Abaxx’s NIST submission dated April 1, 2026?

Abaxx referenced MarketOS as the institutional transaction productivity suite informing its proposal. According to the company, MarketOS use cases guided the suggested workflows for agent authorization and auditable execution in regulated markets.

How would Abaxx’s ID++ protocol affect auditability in financial AI agent workflows?

ID++ is proposed to provide cryptographic proof tying AI decisions to authorized intent and market rules. According to the company, this would make autonomous agent actions auditable across global financial ecosystems using DIDs and VCs.