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Asia Broadband (AABB) Hitting its Stride in Cryptocurrency Exchange Development Following Token’s Launch

  • Asia Broadband Inc., an experienced producer of precious metals is adding key gold mine property acquisitions in Mexico, while concurrently developing a proprietary cryptocurrency exchange
  • The exchange will build a mechanism for holders of its gold-backed AABBG token to trade with major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin
  • The AABBG tokens launched in March, backed by $30 million in physical gold from the company’s properties
  • The company reports it achieved several milestones in regard to the exchange’s development during the past month that were related to its network, platform, design and algorithms
  • Asia Broadband expects to test the exchange in August and go live with it in September

Asia Broadband (OTC: AABB), a precious and base metals producer intent on developing a proprietary cryptocurrency exchange following the launch of its gold-backed AABBG cryptocurrency token, is reporting progress on the exchange’s creation. The company is backing its entry with $30 million in physical gold from its properties in Mexico, with the price of each token tied to whatever the existing price of one-tenth (0.1) gram of gold may be plus a 2 percent transaction fee (https://ccw.fm/iZpv7).

The AABBG token has dual advantages to purchasers. Though not a “stablecoin”, the token has stablecoin-like stability properties in that it is backed and supported by the company at minimum the .1 gram spot price of gold.  Additionally, the token will also have…

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NOTE TO INVESTORS: The latest news and updates relating to AABB are available in the company’s newsroom at https://ccw.fm/AABB

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