Asia Broadband Migrates Gold Token to Algorand, Boosts ALGO Demand

On JAN 28, 2026, ALGO rose by 0.08% within 24 hours to $0.1221, marking a 1.5% increase over the past week, a 10.5% increase over the past month, and a 10.5% gain year-to-date. The price movement coincides with a strategic corporate update from Asia Broadband Inc. (OTC: AABB), which highlighted significant developments in its digital assets division, including the migration of its gold-backed token to the Algorand blockchain.

A key factor driving ALGO’s recent performance is the full transition of Asia Broadband’s AABBG token from the Ethereum to the Algorand network. The token, which is backed by physical gold, now offers users faster transaction speeds, reduced fees, and greater transparency on the Algorand network. This migration aligns with the company’s broader objective of building a practical and asset-backed digital infrastructure that connects physical precious metals with modern financial technology.

Asia Broadband announced that it has already sold 1,680,058 AABBG tokens and repurchased 169,988, with plans to sell up to 100% of currently minted tokens through an expansive marketing campaign launching in early 2026. The company is also preparing a new silver-backed token (AABBS), expected to launch on February 10, 2026, further expanding its digital offerings.

In parallel, Asia Broadband is launching a new next-generation cryptocurrency wallet in early February 2026. The wallet has undergone a rebranding to improve market adoption and user experience. It will support both AABBG and AABBS tokens, offering users a streamlined platform to manage their digital assets.

The company is also investing heavily in a 2026 Digital Assets Marketing Campaign, with a budget of over $1.2 million. The initiative aims to accelerate adoption of its digital wallet, metal-backed tokens, and related financial products. The campaign is expected to include strategic partnerships, educational content, and outreach efforts targeting both investors and merchants.

These developments highlight Algorand’s growing role in the digital assets ecosystem, particularly among companies seeking to integrate blockchain technology with tangible assets. Analysts have noted that the migration of asset-backed tokens to the Algorand network could drive increased demand for ALGO, especially as more firms explore cost-effective and scalable blockchain solutions.

Asia Broadband’s digital strategy is part of a broader transformation that includes the expansion of its mining operations, the rollout of live video feeds for transparency, and the development of a robust NFT ecosystem. The company also announced plans to launch a commemorative silver coin program, featuring limited-edition .999 fine silver coins to celebrate key milestones and strengthen investor engagement.

With these strategic moves, Asia Broadband is positioning itself at the intersection of physical commodities and digital innovation, further amplifying the demand for ALGO as a preferred blockchain platform for asset-backed tokens and related financial products.