๐ Abra, the crypto trading platform, has reportedly purchased Valkyrie's private crypto trusts, including TRON and Zilliqa, with a hint of listing these trusts on public exchanges. ๐ This move comes after a rocky 2023, where Abra faced accusations of insolvency and securities fraud, and a cease and desist order from Texas regulators. But hey, what's life without a little drama, right? ๐
Meanwhile, Valkyrie seems to be on a selling spree, offloading its ETF business and advisory arm to CoinShares earlier this year.
What do you think about these moves? Let's chat in the comments! ๐ #CryptoNews #Abra #Valkyrie