No, Abra is not creating security tokens. We have created a system of crypto-collateralized contracts that peg price feeds of other assets to bitcoin. In other words, the underlying financial instrument is always bitcoin.
If the value of the pegged asset goes up or down, then the Abra user’s bitcoin balance will go up or down accordingly.
There is no secondary market for any of Abra’s investment contracts and they can only be bought and sold on the Abra platform.