# Abra

> Founded by Bill Barhydt in 2014, Abra began as a consumer crypto app and now sells custody, trading, managed yield, credit and advice through a digital-asset wealth platform. Its SEC-registered advisory affiliate, client-specific accounts and third-party custody arrangements are central to a repositioning shaped by earlier regulatory settlements. In March 2026 Abra announced a proposed public-market combination valued at $750 million before the transaction; it had not closed as of September 2026.

- **Founded:** 2014
- **Headquarters:** San Francisco, United States
- **Founders:** Bill Barhydt (Founder and CEO)
- **Products:** Abra Vault, Trading and Abra Prime, Crypto-backed loans, Managed yield strategies, Private and treasury advisory
- **Notable:** Abra reports more than $10 billion in cumulative transaction volume through June 2026., Abra reports $2.5 billion in cumulative loans processed through June 2026., Abra Capital Management is registered with the SEC as an investment adviser (CRD 323353).

## Products & services

- **Abra Vault** — Separately managed, client-titled digital-asset custody with Fireblocks-based key management and account-level reporting.
- **Trading and Abra Prime** — Spot and OTC execution across more than 500 digital assets, plus institutional liquidity, hedging and treasury services.
- **Crypto-backed loans** — Open-term borrowing against BTC or ETH, generally up to about 50% loan-to-value, with variable borrowing costs and collateral-liquidation risk.
- **Managed yield strategies** — Advised strategies for dollars and digital assets, including staking, protocol rewards and market-neutral approaches; returns are variable.
- **Private and treasury advisory** — Portfolio management, reporting and governance for wealthy individuals, family offices, advisers and corporate treasuries.

## Achievements

- Abra reports more than $10 billion in cumulative transaction volume through June 2026.
- Abra reports $2.5 billion in cumulative loans processed through June 2026.
- Abra Capital Management is registered with the SEC as an investment adviser (CRD 323353).
- Abra signed a proposed public-market business combination in March 2026 based on a $750 million pre-money equity value.

## Latest updates

- **2026-09** — Expanded Fireblocks partnership to put eligible tokenized strategy assets into Fireblocks Trust Company qualified custody.
- **2026-08** — Selected Kiln to run validator infrastructure for Solana staking offered to institutional and private clients.
- **2026-07** — Announced four executive appointments to support growth.
- **2026-03** — Announced a proposed business combination with New Providence Acquisition Corp. III based on a $750 million pre-money equity value.

## Links

- Website: https://www.abra.com/
- LinkedIn: https://www.linkedin.com/company/abra/
- Twitter/X: https://x.com/AbraGlobal
- YouTube: https://www.youtube.com/@AbraGlobal
- Facebook: https://www.facebook.com/GoAbraGlobal

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Profile page: https://yespress.io/abra
Published by YesPress — https://yespress.io
Last updated: 2026-09-28