Am I automatically verified as an accredited investor by Abra if I hold over $1,000,000 in my account with Abra?

In addition to the two ways described here using which an individual can verify with Abra that they are an accredited investor, there exists a third way, specifically for those individual investors who are existing customers of Abra who meet all of the following criteria:

• Currently hold $1,000,000 or more in assets in Abra (including Abra Trade and Abra Earn)
• Currently do not have open Abra Borrow balance that would bring their total net account balance with Abra to under $1,000,000.

If you meet the above criteria, Abra Customer Support will proactively reach out to you via email with a written representation (included in the same email) for you to read and confirm that you qualify as an accredited investor by simply replying back to the email. No further action will be required from you unless otherwise notified by Abra Customer Support.

Please chat with us if you think you qualify, but we haven’t reached out to you already.