Crypto Wealth Manager Abra Takes $750M SPAC Deal Public
Abra is taking the SPAC route to public markets at a $750 million valuation, betting that crypto wealth management is ready for mainstream capital. The Signal Abra, the crypto wealth management platform, announced plans to go public through a merger with New Providence Acquisition Corp. III. The deal pegs Abra's pre-money valuation at $750 million. Both The Defiant and The Block reported identical valuations, suggesting the terms
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