[Trading platform Abra acquires Valkyrie's crypto trust] Golden Finance reported that trading platform Abra purchased Valkyrie's private crypto trust in May 2024 after the crypto trading platform reached a settlement with 25 U.S. state financial regulators. According to Bloomberg, Abra took over Valkyrie's Tron and Zilliqa trusts, with previous sales of $50 million and $21.3 million, respectively. In addition to Tron and Zilliqa, Abra also purchased several other unnamed digital asset trusts from Valkyrie. Marissa Kim, head of Abra asset management, also told the financial media that if market demand for investment tools grows, the trading platform can list these trusts on public exchanges.