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Abra Launches Treasury Service for Corporates That Want to Hold Crypto

Jul 1, 2024

CoinDesk reported on the launch of Abra Treasury, a new service designed to help corporates, family offices and non-profits manage digital assets on their balance sheets. Marissa Kim, Abra’s Head of Asset Management, highlighted growing interest from non-crypto-native businesses, particularly real estate firms, in using Bitcoin as a treasury reserve or borrowing against it to finance business needs. Abra Treasury offers custody, trading, borrowing and yield solutions, allowing clients to retain full ownership of their crypto assets.

Full article available here.