According to Odaily Planet Daily, digital asset service and wealth management platform Abra launched Abra prime for institutions and Abra Private for private clients after the US SEC approved its subsidiary Abra Capital Management LP (ACM) to operate as a registered investment advisor (RIA).
Abra will provide customized cryptocurrency investment solutions through a separately managed account model (SMA). The Abra platform integrates OTC trading (including spot and options), lending, staking and yield services, and asset management into one product, based on institutional risk management and supported by DeFi expertise.
Abra Private provides custom solutions for private clients, family offices and trusts, while Abra Prime’s client base includes hedge funds, venture capital, crypto infrastructure companies and other institutional investors.