Mountain View, United States
Abra, founded in 2016, is a prominent player in the intersection of the Blockchain, Crypto, and Fintech industries. Headquartered in the United States, this global digital asset wealth and treasury management platform has made it simple for individuals, family offices, corporate treasuries, and RIAs to dive into the crypto world. Abra offers a comprehensive suite of sophisticated digital asset products and services, boasting the ability for clients to trade over 500 digital assets, borrow USD against digital holdings, and earn yields through diverse strategies, including staking.
Beyond servicing individual clients, Abra expands its offerings through Abra Prime, catering to institutions, BTC miners, and ATMs with OTC trading, borrowing, derivatives, and lending services. Furthermore, Abra Private is part of their SEC-registered investment advisory, which supports high net worth investors and asset managers with custody, bespoke investment strategies, yield opportunities, and BTC-backed loans.
The company has demonstrated significant growth, evident in its substantial Series C investment totaling $55.00M on 15 September 2021. This round attracted a diverse group of investors, including CMT Digital, Lerer Hippeau, RRE Ventures, Kenetic Trading, Ignia, Kingsway Capital, Stellar Development Foundation, Tiga Investments, Parallax Ventures, and Disrupt Ventures. With its innovative offerings and robust backing, Abra is well-positioned to continue driving advancements in the digital asset space.
