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Digital collateral “changes everything,” says Abra CEO Bill Barhydt

Episode 44 of Season 4 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Bill Barhydt, CEO of Abra. Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests to [email protected] As the crypto market matures, owners of “pristine” digital assets will increasingly be able to use their holdings as collateral for an array of financial services, according to Bill Barhydt, CEO of Abra. Founded in 2014, crypto wealth …

Crypto investment app provider Abra hires its first CFO

Abra, a crypto investment app provider based in the US, has appointed a chief financial officer (CFO) as the firm says it’s going through a period of rapid growth. Justin McMahan, a former managing director and global treasurer at the high-frequency trading Tower Research Capital, has joined Abra as its CFO effective immediately. Before Tower Research, McMahan worked at investment firm Serengeti Asset Management and Morgan Stanley in his over 20-year career. McMahan is Abra’s first CFO, an Abra spokesperson …