Abra Launches Integrated Digital Assets Treasury Solutions via SMAs
Abra, a global platform for digital asset prime services and wealth management, today announced the launch of Abra Treasury, a service operated by Abra Capital Management LP (ACM), an SEC-registered investment advisor, which provides corporates, family offices and non-profits with an integrated suite of digital asset treasury management and optimization solutions.
Abra Treasury’s integrated offering combines custody, trading, borrowing and yield services through separately managed accounts where clients retain title and ownership over their assets, and they are independently verifiable on-chain.
Abra Treasury’s solutions are customized to client’s specific requirements. For corporates, Abra Treasury primarily provides treasury management services to optimize cash or crypto assets held on companies’ balance sheets with the goal of maximizing a firm’s treasury through yield, mitigating inflation risks and/or gaining liquidity through borrowing. Notably, Abra Treasury works with crypto-native companies to manage employee bonus programs where employees receive BTC and ETH that vest over time, as an alternative to traditional company stock options.
Family offices utilize Abra Treasury to generate a yield on their BTC, ETH, SOL and stablecoins, borrow against their holdings, and create customized digital assets strategies for enhancing long-term wealth preservation. One client segment that Abra expects may have more uptake for treasury services over the medium to long-term is philanthropies, as forward-thinking ones may allocate to crypto to maximize their donations and longevity.
“A sign of adoption and institutionalization of the digital asset industry has been the increase in non crypto-native businesses showing interest in using Bitcoin as a treasury reserve asset,” said Marissa Kim, Head of Asset Management at Abra Capital Management. “We are increasingly seeing clients that are business owners and CEOs of SMBs, in particular real estate companies, with interest in buying BTC for their treasury or borrowing against BTC to finance business needs or real estate projects, which we did not see last cycle. They recognize that Bitcoin may be a reliable store of value relative to depreciating fiat currencies and appreciate its ability to act as a liquid hedge against increasing inflation or geopolitical uncertainty.”
The firm’s commitment to client-centric, bespoke solutions has earned Abra Treasury the accolade of Hedgeweek’s Best Treasury Management Solution for Digital Assets 2024.