How Abra Enables You to Buy $5 of an ETF-Like Token of the Top 10 Cryptos - Ep.040

Bill Barhydt, founder and CEO of Abra, describes its new product, the BIT10, which it created in partnership with Bitwise Asset Management (full disclosure: Bitwise previously sponsored my podcasts). He outlines the way the token is similar to an ETF -- for instance, it rebalances monthly -- and the ways in which it differs. We also compare and contrast it to similar offerings announced by Coinbase and Circle. Bill also explains Abra's overall strategy and recent pivot, why it is built on Bitcoin and its future plans. Thank you to our sponsor! Blockdaemon: http://blockdaemon.com/unchained/ If you're interested in sponsoring Unchained or Unconfirmed, reach out to Raelene at laurashinpodcast@gmail.com. Episode links: Abra: https://www.abra.com/ Bill Barhydt: https://twitter.com/billbarhydt BIT10: https://www.abra.com/index/bit10/ Bitwise: https://www.bitwiseinvestments.com Singularity episode: http://unchainedpodcast.co/singularity-university-global-summit-how-do-we-get-consumer-adoption-ep83