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Abra

www.abra.com link_icon

Company Research Report: Abra



Company Overview



  • Name: Abra

  • Mission of the Company: No information is available.

  • Founded: No information is available.

  • Founders: No information is available.

  • Key People: No information is available.

  • Headquarters: No information is available.

  • Number of Employees: No information is available.

  • Revenue: No information is available.

  • Known For: Cryptocurrency products and services.


Products



Abra offers a suite of products catering to different segments of the market:

1. Abra Prime
  • Description: A cryptocurrency management service targeting high-net-worth individuals and institutional clients.

  • Key Features: No detailed features provided.


2. Abra Private
  • Description: Customized financial services designed for private clients.

  • Key Features: No detailed features available.


3. Abra Treasury
  • Description: A service that manages cryptocurrency assets for corporations and businesses.

  • Key Features: No detailed features available.


4. Investment and Asset Management
  • Products Offered:

  • BTC with approximately 3-5% APY

  • ETH with approximately 3% APY

  • SOL with approximately 8% APY

  • USDC with approximately 3-6% APY

  • Features: No detailed features available.


Security Features



  • Fireblocks MPC Wallet Technology: Abra uses Fireblocks’ multi-party computation (MPC) wallet technology, implementing cryptographic and secure hardware enclaves to enhance security.

  • Segregated Account Structure: Customer assets are held in segregated vaults to maintain security and transparency.

  • Disaster Recovery: Utilizes Coincover for backup services focusing on private key management and disaster recovery.


Recent Developments



  • Product Discontinuation: Abra has discontinued the Abra app in the U.S. and ceased offering money transmission products and services to U.S. customers.

  • Regulatory Registration: Abra Capital Management LP is registered as an investment adviser (RIA) with the U.S. Securities and Exchange Commission (SEC).

  • No New Products or Features Announced: There is no information on new products, features, or partnerships.


Disclaimers



This company's products are not subject to FDIC or SIPC protections, and the legal status of cryptocurrency products varies by jurisdiction. Abra provides general communication and informational content, not financial, tax, legal, or investment-specific advice.

Contact and Support



  • For tailored services, clients are encouraged to contact their account representatives for customized asset support and service inquiries.


Legal and Regulatory Status



  • Registration: Abra Capital Management LP is a registered investment adviser (RIA) with the SEC.

  • Policies and Terms: Relevant disclosures, privacy policies, and terms of service are accessible through official channels provided by Abra.


This report strictly includes the available information and structured insights based on it.