AAX is the cryptocurrency exchange platform supported by the technology of the London Stock Exchange Group (LSEG). The AAX platform seeks to introduce various new financial tools such as tokenized commodities, Bitcoin dimension goods, indices, security tokens, and social trading programs.

Its whitepaper states that the AAX platform maintains the standard for performance, security, and integrity. The platform aims to offer institutional and retail traders an environment by creating a future generation exchange of digital items. AAX has been upgraded to function 24/7 and encourage digital items trading. The wallet system of AAX allows traders to trade all through the future and over-the-counter markets.

The native token of AAX is AAB, which is an ERC20 token built on the Ethereum blockchain. The token aims to link crypto space to global finance. AAB token is the main currency to determine up to 100 percent of trading fees on the platform. Also, members can use the token to carry out promotional activities across borrowing, lending, and various other features. The AAB token allows traders to involve innovative financial tools and share in the development of the exchange. The token holders holding more than one hundred thousand tokens can enjoy unique internal transfer and withdrawal limits; notification related to product upgrades, promotions, and events; and discounted custody services. Another feature of AAB is that it can be employed for social trading subscriptions for high and low-performing traders. AAB provides discounts to the token holders depending on the size of their holding.

The offices of AAX are based in Europe and Asia. The mastermind behind the company's product development strategy is Thor Chan, the CEO of AAX. Chan has experience creating global order management systems, trading forums for professional traders, and global settlement systems.

The launch of the AAX platform took place in 2019.

The total supply of AAB is fifty million, which is likely to be allocated over five years.