Years In The Making: Crypto Services Provider Abra Adds Native Ethereum Support

Years In The Making: Crypto Services Provider Abra Adds Native Ethereum Support

03/16/19 12:22 AM 2019-03-20 09:40:32
In a recent interview, Bill Barhydt tells BlockGeeks that the so-called “crypto winter” hasn’t affected Abra in any way, shape, or form. A recent product announcement from the Mountain View-based star

In a recent interview, Bill Barhydt tells BlockGeeks that the so-called “crypto winter” hasn’t affected Abra in any way, shape, or form. A recent product announcement from the Mountain View-based startup would confirm this quip. Per a press release from the cryptocurrency-focused financial services provider, it has just launched native support for Ethereum (ETH) — a feature that has arguably been a long time coming.

Synthetic Ethereum On Abra Is No More

While Abra’s application has long allowed its global clients to access Ethereum, support for the second most valuable cryptocurrency has always been synthetic. For those who missed the memo, this means that investors who purchase ETH on the application are just receiving exposure to the asset’s price fluctuations, rather than the physical cryptocurrency.

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