Abra: The Cryptocurrency Wallet, Lending & Trading App With Over 2,000,000 Installs Lists Tezos

by | May 25, 2022 | Adoption, Latest

The Abra cryptocurrency wallet, lending, and trading app with over 2,000,000 wallet installs has listed Tezos as a currency.

Image Credits: Abra Twitter

Abra

Abra, founded in 2014 is a well-known cryptocurrency wallet, bending and trading application. It has over 1,000,000 Android downloads, with over 2 million wallets created in total.

It has over $7 billion in transactional volume, 1.5 billion in assets under management and is ranked a top 5 crypto application.

Abra is lead by CEO and founder Bill Barhydt, a former fixed income analyst for Goldman Sachs and former director of Netscape.

The app is backed by many well-known investors including American Express Ventures, Boost, Digital Currency Group, Pantera Capital and RRE Ventures.

Bill Barhydt and Abra started the YouTube series Money Talks in 2020 and has done interviews with the likes of Ethereum founder Vitalik Buterin, MicroStrategy CEO and Bitcoin supporter Michael Saylor, Bitcoin Cash supporter Roger Ver, Zcash creator Zooko Wilcox, and more.

In 2021, Forbes named Abra as one of its next ‘Billion Dollar Startups’.

Abra Lists Tezos

Now, it has been announced that the platform has listed Tezos as a currency on the platform. Tezos will join over 110 other currencies on the application.

Abra stated:

Tezos is a smart contract platform with a critical advantage: it has an infrastructure that allows upgrades without downtime and hard forks. Upgrades happen quickly and efficiently on the Tezos blockchain, and we are pleased to list $XTZ on the Abra Wallet.

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