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Abra Launches Treasury Service for Corporates That Want to Hold Crypto
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.