Abra CEO Bets on Tokenization Over Bitcoin Price

Abra CEO Bill Barhydt believes the future of crypto wealth management lies in tokenized yield products and onchain lending, rather than solely focusing on Bitcoin's price fluctuations. As Abra prepares for a Nasdaq debut via a SPAC merger, the company is expanding its offerings beyond traditional crypto trading and custody. They plan to launch BTCAF, a yield-bearing Bitcoin product, following the success of their USDAF tokenized dollar offering. Barhydt envisions tokenization as the next major narrative for institutional investors, connecting crypto infrastructure to broader financial markets and enabling decentralized lending.