Asia Broadband (OTCMKTS:AABB) has announced that it has achieved many of its development milestones in preparation for the cryptocurrency exchange that is to be launched.
The company has added many features to the Exchange development to improve usability, functionality, and market penetration. This includes a new Exchange website, the web version, and a Spanish language version.
Moreover, after the Exchange launch, the company has planned the continued development to implement various modules for brokers, connection to retail chain, and the issuance of crypto-secured loans and gift cards/credit. The company is to give an update on the Exchange development and implementation stages to launch.
AABB is a resource company that produces, supplies, and sells precious and base metals. The company has a large Asian market. It uses its specific geographic expertise, numerous industry contact, and expertise to enable its distribution process. Because of its vertical integration approach to sales, the company stands out and creates value for its shareholders.
AABB has recently launched AABB, which is a freshly minted mine-to-token gold-backed cryptocurrency. It is also creating its digital exchange platform.
Market Reaction:
On Monday, AABB stock fell 2.40% at $0.1120 with more than 17.07 million shares, compared to its average volume of 19.36 million shares. The stock has moved within a range of $0.1105 – 0.1190 after opening the trade at $0.1150.
