Share this article
Abra Targets High-Net-Worth Clients With New Asset Management Division
The newly formed Abra Capital Management will require a minimum investment of $250,000.
Updated May 11, 2023, 5:58 p.m. Published Apr 5, 2022, 12:30 p.m.
Crypto brokerage platform Abra has opened Abra Capital Management (ACM), which it said is intended to give clients access to actively managed, structured products and investment funds.
- ACM launched with plans for five funds, three of which will target yield-generating opportunities in stablecoins, bitcoin and ether , and two others that will target early stage token and equity investments, the company said in a statement.
- “As investor appetite for access to the emerging digital asset economy has skyrocketed, so has the demand for solutions that can help them diversify their exposure and invest in high-growth, yet relatively inaccessible, vehicles,” Abra founder and CEO Bill Barhydt said in a statement. “Most exchanges and crypto platforms are limited in the solutions they can offer.”
- Marissa Kim, who recently joined ACM as a general partner, will lead the new business. She previously founded Quantum Global Management, an investment firm focused on thematic investments in the Web 3 space. Barhydt will serve as chief investment officer.
- ACM’s funds require a minimum investment size of $250,000.
- In September, Abra raised $55 million in Series C funding to develop new offerings geared toward high-net-worth and institutional clients.
Read more: Crypto App Abra Raises $55M to Develop High-Net-Worth, Institutional Offerings
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
VanEck's new Avalanche ETF filing to include staking rewards for AVAX investors
The fund will use Coinbase Crypto Services as its initial staking provider and pay a 4% service fee, with rewards accruing to the fund and reflected in its net asset value.
What to know:
- VanEck has updated its filing for an Avalanche ETF, VAVX, to include staking rewards, aiming to generate income for investors by staking up to 70% of its AVAX holdings.
- The fund will use Coinbase Crypto Services as its initial staking provider and pay a 4% service fee, with rewards accruing to the fund and reflected in its net asset value.
- If approved, the fund will trade on Nasdaq under the ticker VAVX, tracking AVAX's price via a custom index, and will be custodied with regulated providers, including Anchorage Digital and Coinbase Custody.
Top Stories
