Crypto trading platform Abra has reportedly purchased Valkyrie's private crypto trusts, including the TRON (TRX) and Zilliqa trusts. This comes after a settlement between Abra and 25 US state financial regulators. Abra's head of asset management, Marissa Kim, hinted at the possibility of listing the trusts on public exchanges if market demand increases. Meanwhile, Valkyrie has been offloading its businesses, with CoinShares acquiring its ETF business and advisory arm earlier this year. This news follows a tumultuous period for Abra, which faced accusations of insolvency and securities fraud in 2023.
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