10/26/2021 0 Comments
Even after 26 years, AABB is one of the leading names in the commodities market, both in Mexico and Asia, and it continues to push the boundaries to expand its global reach.
In 2020, the company earned an annual gross profit of $16.8 million, and it began 2021 on a high note, with $100 million in assets in the first quarter.
The company sold its mining operations in Guerrero Gold Belt (GGB), Mexico, for $82 million near the end of 2020, solidifying the company's industry leadership.
AABB’s Crypto Gold Operations
The company unveiled its gold-backed crypto token AABB Gold in March 2021. (AABBG).
Its price is linked to the spot price of gold, giving it the unique ability to benefit from increases in both the cryptocurrency and gold markets.
Furthermore, being pegged to gold reduces volatility and provides investors with a sense of security.
1 million AABB Tokens were sold in the first two weeks of their release. In addition, the company is developing a proprietary crypto exchange and crypto wallet, both of which are set to be released soon.