{"id":49539,"date":"2021-09-15T20:11:24","date_gmt":"2021-09-15T17:11:24","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=49539"},"modified":"2025-09-02T13:09:02","modified_gmt":"2025-09-02T10:09:02","slug":"abra-closes-55-million-series-c-round","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/abra-closes-55-million-series-c-round\/","title":{"rendered":"Abra closes $55 million Series C round"},"content":{"rendered":"<p>Abra closes a $55 million Series C round for its digital asset management platform.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Abra announces $55m Series C round to continue rapid growth!<a href=\"https:\/\/twitter.com\/hashtag\/SeriesC?src=hash&#038;ref_src=twsrc%5Etfw\">#SeriesC<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Abra?src=hash&#038;ref_src=twsrc%5Etfw\">#Abra<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/businesswire?src=hash&#038;ref_src=twsrc%5Etfw\">#businesswire<\/a><a href=\"https:\/\/t.co\/KTrW5APpfY\">https:\/\/t.co\/KTrW5APpfY<\/a><\/p>\n<p>\u2014 Abra (@AbraGlobal) <a href=\"https:\/\/twitter.com\/AbraGlobal\/status\/1438146999216484356?ref_src=twsrc%5Etfw\">September 15, 2021<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Investors included Blockchain Capital, IGNIA, Kingsway Capital, Tiga Investments, Stellar Development Foundation, Amex Ventures, Arbor Ventures, RRE Ventures, CMT Digital Ventures, Kenetic Advisors, and others.<\/p>\n<p>Since its founding in 2014, Abra has raised more than $85 million. In May 2020, the Stellar Development Foundation invested $5 million in the platform.<\/p>\n<p>The funds will be allocated to expanding the product team and hiring additional marketers, as well as further developing institutional solutions.<\/p>\n<p>Earlier, Australian digital asset manager Monochrome <a href=\"https:\/\/forklog.com\/en\/news\/monochrome-valued-at-15-million\">closed a Series A round of financing for $1.8 million<\/a>. The company was valued at about $15 million.<\/p>\n<p>In September, the asset-management platform Cabital <a href=\"https:\/\/forklog.com\/en\/news\/dragonfly-gsr-and-sig-invest-in-a-digital-asset-management-platform\">raised $4 million<\/a> in a seed round of financing. Investors valued the startup at $40 million.<\/p>\n<p>In August, the cryptocurrency exchanges Coinbase and Gemini <a href=\"https:\/\/forklog.com\/en\/news\/coinbase-and-gemini-back-onramp-invest-in-6-million-seed-round\">backed<\/a> the crypto platform Onramp Invest in a seed financing round of $6 million.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news in our Telegram \u2014 cryptocurrency news, rates and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Abra closes a $55 million Series C round for its digital asset management platform.<\/p>\n","protected":false},"author":1,"featured_media":49540,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[863,1133],"class_list":["post-49539","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-abra","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/49539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=49539"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/49539\/revisions"}],"predecessor-version":[{"id":49541,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/49539\/revisions\/49541"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/49540"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=49539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=49539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=49539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}