Abra, a digital asset wealth management platform, announced an expanded partnership with Fireblocks to launch an institutional-grade product integration that automatically places eligible strategy tokens into qualified custody operated by Fireblocks Trust Company, a NYDFS-regulated limited purpose trust company. The integration gives Abra clients access to digital asset return strategies¹ within a custody framework built for institutional governance and regulatory compliance.

Through this integration, clients on Abra's platform can invest assets via the strategy tokens issued by Abra's subsidiary, AbraFi Labs Ltd. Strategy tokens are a class of synthetic assets in a smart contract wrapper that automatically executes trading strategies that seek to generate yield. The workflow automatically mints strategy tokens and places them directly into qualified custody operated by Fireblocks Trust Company. A set of these strategy tokens will be supported at launch. These strategy tokens remain fully isolated and secured inside the client's separately managed account (SMA) while invested in the strategy.

Custody and Compliance Framework

The new qualified custody framework builds upon Abra's existing institutional infrastructure. While Abra clients currently utilize Fireblocks Multi-Party Computation (MPC) technology to secure assets in a Separately Managed Account (SMA) structure, transitioning tokenized products to Fireblocks Trust Company introduces a custody model that satisfies strict regulatory mandates. As a regulated custodian for tokenized real-world assets, Fireblocks Trust Company holds these newly issued assets under qualified custody across their full lifecycle.

Key highlights of the integration include:

• Institutional Security & Governance: Qualified custody provides strict internal and dual-control protocols so that fund transfers must go through requisite approvals before they can be moved. Fireblocks Trust Company holds legal possession of keys and bears institutional responsibility for transaction authorization and disaster recovery as the client's fiduciary.
• Automated Workflows: Complex DeFi and tokenized yield strategies are simplified into a single, cohesive user experience. The architecture connects the Abra platform, AbraFi Labs minting infrastructure, and Fireblocks Trust Company's qualified custody workspaces into an automated lifecycle.
• Regulatory Alignment: The framework is specifically designed to support ACM's applicable custody and regulatory obligations with the Securities and Exchange Commission (SEC), with qualified custody provided through Fireblocks Trust Company as a NYDFS-regulated entity.