Finance

Asia Broadband (AABB) Stock Attempts To Recover: How Far Can It Go?

Nowadays more and more companies are moving into the cryptocurrency space due to its enormous popularity and growth potential. One of the companies to have done so is Asia Broadband Inc (OTCMKTS:AABB).

Last week the company announced that it made significant progress with regards to the planned development pathway of its own cryptocurrency exchange. It is a major development for Asia Broadband and one that is likely to bring it to the attention of many investors.

This announcement from Asia Broadband came not long after the company had launched its own cryptocurrency, the gold-backed AABBG token.

However, the company’s own crypto exchange has been under development for quite some time and it is also going to help Asia Broadband in creating an ecosystem around its crypto token. In this exchange, users will be able to swap their AABBG tokens with some of the world’s prominent cryptocurrencies. It now remains to be seen if the Asia Broadband stock comes into focus this week among investors or not.