Tagged: abra

March 16, 2026 @ 7:30 pm By Omar Faridi  |  

Abra, a digital assets management firm, has revealed its intention to become a publicly traded company. The platform is merging with New Providence Acquisition Corp III, a special purpose acquisition company (SPAC), to facilitate this transition. This development comes as investor enthusiasm for blockchain-based enterprises… Read More

February 20, 2026 @ 6:32 pm By Tony Zerucha  |  

Web3 minds were focused on tokenized RWAs, stablecoins, Bitcoin and AI this week. Tokenized RWA interest surging “The steady growth that we’ve seen in tokenized real-world assets (RWAs), even as the wider crypto market cap has plummeted by $1 trillion, is one of the clearest… Read More

January 25, 2026 @ 4:19 pm By Tony Zerucha  |  

Bitcoin “Another weekend, another sell-off in digital assets on the back of tariff news and geopolitics. Bitcoin has broken below a key support level of $94,000, which marked the January breakout trend line.  “From here, it’s likely we’ll see further downside unless buyers step in,… Read More

January 16, 2025 @ 8:29 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has shared that it has settled with crypto lender Plutus Lending, LLC by paying a civil penalty of $1.65 million. According to the SEC, Plutus, doing business as Abra, offered a retail crypto asset lending product, Abra Earn –… Read More

September 23, 2024 @ 12:32 pm By Omar Faridi  |  

Abra, a global platform for digital asset services, announced it has partnered with Praxis, the first network state, to collaborate on real world asset tokenization, as well as DeFi services to network states, including those created on the Praxis platform. This partnership marks the launch… Read More

August 26, 2024 @ 4:23 pm By JD Alois  |  

Plutus Lending LLC, DBA Abra, has been charged by the Securities and Exchange Commission (SEC) with offering and selling a retail crypto asset lending product. Abra has settled the charges without admitting or denying them. Abra has consented to an injunction prohibiting it from violating the… Read More

April 18, 2024 @ 11:27 pm By Omar Faridi  |  

Abra, a global platform for digital asset prime services and wealth management, today announced the launch of its integrated offering for institutions, Abra Prime, and private clients, Abra Private, following approval from the SEC for its subsidiary, Abra Capital Management LP (ACM), to operate as… Read More

June 12, 2022 @ 3:43 pm By JD Alois  |  

Abra has announced a partnership with American Express (NYSE:AXP) to offer a card that provides for crypto rewards. Similar to traditional perks, the Abra Crypto Card will allow users to get crypto back on any purchase on the American Express Network. Abra is accepting emails… Read More

April 28, 2022 @ 12:16 pm By Omar Faridi  |  

Propy, which claims to be the “premier” blockchain powered, real estate transaction and offer platform, and Abra, a digital asset wealth management platform, have announced a partnership that will “enable Propy customers to buy real estate by securing a loan using their digital assets as… Read More

June 3, 2021 @ 7:04 pm By Omar Faridi  |  

Abra, a “fully compliant” platform for purchasing, selling, and trading more than 100 digital currencies and earning interest of “up to 10.5%” on “select digital assets,” revealed on Wednesday (June 2, 2021) that Abra Borrow, its in-app feature for using crypto “as collateral to borrow… Read More

July 28, 2020 @ 9:00 am By Omar Faridi  |  

Abra, the provider of a digital asset investing app, revealed on July 28, 2020, that it has launched new Abra Interest Accounts that offer investors an opportunity to earn as much as 9% interest p.a. on their crypto deposits and certain USD backed stablecoins. As… Read More

July 13, 2020 @ 10:51 am By JD Alois  |  

In simultaneous announcements, the US Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) have charged Plutus Financial, Inc.,  doing business as Abra in California, and Plutus Technologies Philippines Corp. dba as Abra International in the Philippines for entering into illegal off-exchange swaps in… Read More

May 7, 2020 @ 3:37 pm By Samantha Hurst  |  

Abra, a U.S.-based all-in-one cryptocurrency wallet and exchange, has received $5 million from the Stellar Development Foundation, a decentralized and sustainable network for financial products and services.  Founded in 2014 by Bill Barhydt, serial entrepreneur and global mobile-banking veteran, Abra is an all-in-app where you… Read More

July 28, 2019 @ 9:32 pm By Samantha Hurst  |  

Abra, an all-in-one cryptocurrency wallet and exchange, announced on Thursday it is restricting services to U.S. users due to regulatory issues in the country. Explaining why the platform made the changes, the Abra team stated: “[Due to the regulatory situations], specifically, for Abra users in… Read More

May 10, 2019 @ 11:05 am By Samantha Hurst  |  

Abra, a U.S.-based all-in-one cryptocurrency wallet and exchange, announced on Thursday it has formed a new partnership with Plaid as well as withdrawal support for more cryptocurrencies. Abra revealed: “The road to cryptocurrency mass adoption will be paved by technology and design that makes moving… Read More

March 13, 2019 @ 1:47 pm By Samantha Hurst  |  

Abra, a U.S.-based all-in-one cryptocurrency wallet and exchange, announced on Wednesday it has expanded support for the Ethereum platform by adding native integration of Ethereum’s currency, ether (ETH). Abra users may now deposit, invest, and withdraw ether directly from the Abra app. Abra reported that… Read More

February 27, 2019 @ 2:48 pm By Cali Haan  |  

The CEO of Abra, provider of a “Bitcoin-based app that lets people buy and sell currencies, virtual coins, and Nasdaq-listed stocks,” has called enterprise (private or permissioned) blockchain “nonsense,” ” a fallacy” and “complete waste of time,” Fortune reports. Bill Barhydt, a former Goldman Sachs… Read More

September 6, 2018 @ 10:19 am By Samantha Hurst  |  

Abra, a U.S.-based all-in-one cryptocurrency wallet and exchange, announced earlier this week it has partnered with Coinify, a global technology gateway for virtual currencies, to extend its services of buying and selling cryptocurrencies to the European market. Founded in 2014 by Bill Barhyd, Abra stated it… Read More