Abra (company)
| Company type | Private |
|---|---|
| Industry | Cryptocurrency, Financial services |
| Founded | 2014 |
| Founder | Bill Barhydt |
| Headquarters | Mountain View, California , United States |
Key people | Bill Barhydt (CEO) |
| Products | Cryptocurrency wallets, exchanges, digital asset services (Abra Private, Abra Prime, Abra Treasury) |
| Website | abra |
Abra operates as a global provider of cryptocurrency wallets, exchanges, and digital asset services. Its offerings encompass Abra Private, an investment advisory registered with the SEC that caters to affluent investors and family offices; Abra Prime, a prime brokerage solution facilitating digital asset trading, lending, and derivatives; and Abra Treasury, designed to assist corporations in incorporating Bitcoin and other digital assets into their treasury operations.
History
Established in 2014 in Silicon Valley by Bill Barhydt—who previously worked as a fixed income analyst at Goldman Sachs and served as a director at Netscape—Abra has emerged as a prominent entity within the digital asset financial services sector.
In June 2018, The Wall Street Journal included Abra in its list of "Top 25 Tech Companies to Watch." By September 2021, the company completed a $55 million Series C funding round, increasing its total funding to more than $85 million. Key investors in this round were American Express Ventures, Blockchain Capital, Kingsway Capital, and CMT Digital Ventures.
Bill Barhydt, Abra’s CEO, hosts the Money Talks series on YouTube, where he interviews influential personalities such as Michael Saylor (CEO of MicroStrategy), Vitalik Buterin (Ethereum founder), Roger Ver (advocate of Bitcoin Cash), Zooko Wilcox (creator of Zcash), Hunter Horsley (CEO of Bitwise), along with venture capitalists Tim and Adam Draper.
Forbes named Abra among its Next Billion-Dollar Startups in 2021.