Abra acquires Valyrie crypto trusts
Crypto trading platform Abra disclosed it acquired several private cryptocurrency trusts from Valkyrie Investments in May 2024. According to Bloomberg, Abra Capital Management LP took over Valkyrie’s Tron and Zilliqa trusts, along with other unnamed digital asset trusts. The Zilliqa Trust had sold $21.3 million in assets, while the Tron Trust had sold $50 million. …