Abra Unveils End-to-End Digital Asset Solutions: Abra Prime and Abra Private

Abra, a platform for digital asset management, has launched Abra Prime for institutions and Abra Private for private clients. Backed by approval from the SEC, Abra Capital Management LP (ACM) operates as a registered investment advisor (RIA), providing tailored crypto investment solutions through separately managed accounts. Abra connects on-chain and off-chain ecosystems, offering OTC trading, borrowing, lending, and asset management with institutional risk management to empower clients with informed decisions and a competitive edge.

Abra Unveils Comprehensive Solutions for Digital Asset Management: Abra Prime and Abra Private

April 19, 2024, 1:05 pm UTC

Following the Securities and Exchange Commission (SEC) approval for its subsidiary, Abra Capital Management LP (ACM), Abra has officially launched its integrated digital asset offerings for institutions (Abra Prime) and private clients (Abra Private).

Abra Capital Management: A SEC-Registered RIA

ACM is now authorized to operate as a registered investment advisor (RIA), enabling it to offer tailored crypto investment solutions through a separately managed accounts (SMA) model. As an SEC-registered RIA, ACM acts as a fiduciary, ensuring that clients' interests are prioritized in all investment decisions.

Bridging the On-Chain and Off-Chain Ecosystems

Abra seamlessly connects the on-chain and off-chain worlds for its clients. The platform combines over-the-counter (OTC) trading (spot and options), borrowing, lending, staking, yield services, and asset management into a cohesive offering. Underpinned by robust institutional risk management frameworks, Abra empowers clients with actionable insights and a competitive edge in the dynamic digital asset landscape.

Tailored Solutions for Wealth Management Challenges

Abra has recognized the growing demand from private clients, trusts, and family offices for bespoke solutions that address specific wealth management challenges. These solutions include:

• Income generation: Earning passive income through crypto assets via staking and yield services.
• Unlocking liquidity: Converting crypto assets into liquid funds without selling them through borrowing against crypto collateral.
• Secure trading: Executing crypto trades with confidence through a trusted partner with a proven track record of reliability.

On-Chain Account Structure and Asset Ownership

As an SEC-registered RIA, ACM has implemented a separate account structure built on-chain for clients' digital assets. This structure ensures that clients maintain title and ownership of their assets, with the added benefit of independent on-chain verification.

Flexibility and Customization

Abra provides its clients with flexibility and customization options for loan-to-value (LTV) ratios and collateral requirements. This enables clients to unlock liquidity from their crypto assets while managing risk exposure.

Comprehensive Staking and Yield Offerings

Abra offers one of the most comprehensive staking and yield offerings in the industry, supporting popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and stablecoins. These services provide clients with the opportunity to earn passive income from their digital asset holdings.

Industry Endorsement

Marissa Kim, Head of Asset Management at ACM, highlighted the growing need for a secure and reliable platform to earn yield and borrow against crypto assets. Abra meets this demand by offering access to DeFi markets without requiring clients to navigate the complexities of the decentralized finance landscape.

Brad Stephens, Managing Partner at Blockchain Capital, praised Abra's unwavering commitment to trust and reliability in the crypto industry. He expressed the firm's eagerness to collaborate with Abra for years to come.

Abra's Commitment to Innovation

Bill Barhydt, Founder and CEO of Abra, emphasized the company's enduring vision of a digital, open, and borderless financial services landscape. Leveraging its expertise in decentralized finance, Abra has created an integrated prime services and wealth management solution that empowers clients to navigate the complexities of the digital asset ecosystem.

Bob Wallden, Head of Trading at Abra, underscored the company's deep expertise in the digital asset ecosystem. Abra's ability to consolidate its knowledge in investing, hedging, trade execution, and DeFi into an accessible and secure platform provides clients with a significant competitive advantage.

Conclusion

Abra's launch of Abra Prime and Abra Private marks a significant step forward in the digital asset industry. As a SEC-registered RIA, Abra Capital Management provides clients with a trustworthy and compliant platform to access the digital asset ecosystem. Abra's integrated offering, combined with its commitment to innovation, security, and flexibility, positions the company as a leading provider of tailored solutions for both institutional and private clients in the rapidly evolving digital asset landscape.