Why is Abra launching Abra Boost?

Abra believes that the best way to become the default Web3 wallet and crypto bank for everyone is by embracing a global regulatory framework that provides for transparency, oversight, security, and agency. 

Abra believes that the only way to achieve the above and serve our customers responsibly and sustainably is by operating as regulated entities starting with Abra Bank in the U.S. and Abra International outside the U.S. More information about Abra Bank and Abra International can be found here.

As part of the process of forming Abra Bank and Abra International, Abra launched Abra Boost on October 3, 2022. Abra Boost is a new product offering that will enable all qualified investors to deposit and generate interest on their digital assets. More information about Abra Boost can be found here.