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uncle baby billy

@NotoriousBaggie

asymmetry
Joined November 2015
680 Following 755 Followers 720 Posts

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uncle baby billy @NotoriousBaggie
Interesting retweet from Raia today.

Digital Title + Gold Kilobar to satisfy initial margin/variation margin + yuan cash settled kilobar = new gold repo/leasing market + stealth yuan/$ fx market in world's best legal jurisdiction where west meets east.

Soon.

$ABXX.to
uncle baby billy @NotoriousBaggie Oct 29
@coenjarts @Greenacres1000 @JoshCrumb @Sorenthek @TFL1728 There's a big FX angle here, too.

If you long GKS and short same month Kilobar Yuan, you have a vanilla FX exposure. Do this across multiple months, you have a synthetic USD/CNH curve. Creates a huge arb play to drive volumes to GKS.
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uncle baby billy @NotoriousBaggie
wait, there's a real business at $ABXX.TO?

I thought clients were onboarding for the fun paperwork?!

I thought Josh and co built this all just to burn it down for funzies after half a decade!

I thought Joe + Russ did all of this traveling for airline miles and free coffee!?
Abaxx Technologies Inc. Verified account @abaxx_tech 1d
Abaxx Announces Conclusion of Independent Investigation; Findings Refute Short-Seller Allegations

The Audit Committee’s independent investigation concluded that the allegations, including claims that Abaxx manipulated trading activity on Abaxx Exchange or failed to disclose material information, are unjustified by the facts and financial records of the Company.

investors.abaxx.tech/press-releases…
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